The thing that stands in his way is having strong regulators who will make him play by the same rules as every other bank.

Look, these damn billionaires are making their moves right out in the open.

Elon has a plan for a new payment platform called xMoney.

The Consumer Financial Protection Bureau has returned over $21 billion to families cheated by Wall Street.

The CFPB is still the law. It’s still funded. It’s still ready to go.

If you have a bank account, or credit card or mortgage or student loan, this is code red.

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.

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.

The CFPB was created by Congress, and Congress—not Elon Musk, not Donald Trump—is the only one that can shut it down.

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.

Yes, I have a plan, and it’s already the law. The CFPB cannot be shut down by Elon Musk.