Billionaire Elon Musk, tasked with slashing government costs by President-elect Donald Trump, on Wednesday called for the elimination of a federal regulatory agency charged with protecting consumers in the financial sector.
Billionaire Elon Musk, tasked with slashing government costs by President-elect Donald Trump, on Wednesday called for the elimination of a federal regulatory agency charged with protecting consumers in the financial sector.
The comment on the Consumer Financial Protection Bureau (CFPB) follows Musk’s recent appointment to a government efficiency role, further amplifying the influence of the world’s richest man, who donated millions of dollars to help Trump get elected.
