We should not see their power just through the lens of how it has traditionally been used.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
The CFPB was created by Congress, and Congress—not Elon Musk, not Donald Trump—is the only one that can shut it down.
The thing that stands in his way is having strong regulators who will make him play by the same rules as every other bank.
The Consumer Financial Protection Bureau has returned over $21 billion to families cheated by Wall Street.
Giant banks hated this agency from the first time I ever talked about it, and the reason is pretty straightforward: it bites into the profits they would make from cheating people.
I thank Senator Blumenthal for his unrelenting work to help protect our Nation and in raising this issue around Tulsi Gabbard as a nominee to be the Director of National Intelligence. I appreciate his work here, and I am proud to be able…
One possibility is that they’re looking for a way to distract Americans from their real plans, which are not what they promised, [which was] cutting costs for American families.
Yes, I have a plan, and it’s already the law. The CFPB cannot be shut down by Elon Musk.
There are now zero cops overseeing the $18 trillion consumer lending market. Zero cops.
What Musk has done is illegal. The CFPB was created by Congress, and Congress—not Elon Musk, not Donald Trump—is the only one that can shut it down.
If you have a bank account, or credit card or mortgage or student loan, this is code red.
Elon has got a problem: the financial cops. The CFPB is there to make sure that Elon’s new project can’t scam you or steal your sensitive personal data.
Look, these damn billionaires are making their moves right out in the open.
The actions over the last few weeks have been incredibly bad for individual, everyday Americans, but incredibly good for Elon Musk’s pocketbook.
The CFPB is the cop on the beat to make sure that giant banks and sleazy fly-by-night lenders don’t cheat American families.
For every American who doesn’t want some weird Elon Musk suck-up searching through your personal private data, this is your fight.
Instead of doing that, he’s turned around, he’s actually cutting the parts of government that help bring down costs for American families.
I'd be really worried about doing business with a giant bank when there's no cop on the beat.
If you have a bank account, or a credit card, or a mortgage, or a student loan — this is a code red. I am ringing the alarm bell.
Congress built the CFPB, and no one other than Congress—not the president, not Musk, not Vought—can shut it down.
This little agency has forced giant banks and corporations to give back more than $21 billion directly to families they cheated.





