Musk’s DOGE Descends on CFPB With Eyes on Shutting It Down

The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money the agency needs. That means a CFPB director could zero out the agency’s budget entirely. Young, Rajpal, and Kliger arrived at the CFPB at 7 p.m. on Thursday, according to multiple sources who were granted anonymity to …

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