Musk's Doge takes aim at US consumer protection agency

The billionaire aide to Donald Trump indicates he wants to see the end of an agency founded after the financial crash of 2007-8.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersMusk's Doge takes aim at US consumer protection agency17 hours agoMike WendlingBBC News•@mwendlingReutersDemonstrators hold signs during a protest outside the Consumer Financial Protection Bureau on SaturdayThe Trump administration and Elon Musk's Department of Government Efficiency (Doge) have moved to take control of - and possibly shut down - an agency set up to protect consumers in the wake of the 2007-8 financial crisis.

The Consumer Financial Protection Bureau (CFPB) oversees banks and holds vast troves of consumer data.

As part of the US Federal Reserve, the CFPB is an independent agency, however Trump's budget director was installed as its director on Friday, and Doge officials have gained access to the agency's computer systems.

About 100 workers protested outside the CFPB's office on Saturday.

The agency is the latest department of the US government to be targeted by Doge, an unofficial cost-cutting group that Donald Trump has given broad leeway to slash government spending and remove employees.

https://www.bbc.com/news/articles/cly48101n19o

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