Consumer watchdog faces daunting future under Trump ...Middle East

The Hill - Technology
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a rocky future under President-elect Trump. The powerful financial watchdog agency is in for a reckoning during a second Trump administration, which will likely take steps to curb its power and regulatory agenda. The CFPB has been in Republican crosshairs since it was created through the 2010 Dodd-Frank Wall Street reform law to crack down on customer abuse in the financial system. But the CFPB is receiving new scrutiny after a warning from tech mogul and close Trump ally Elon Musk. Musk, the co-lead of Trump's new "Department of Government Efficiency" (DOGE), fired a warning shot at the consumer watchdog agency last w

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