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Trump, DOGE work to shutter CFPB, an agency created in response to the 2008 financial crisis - 60 Minutes
In his role overseeing the Department of Government Efficiency, or DOGE, Elon Musk posted on X yesterday [2/22/2025] an order to all federal workers to report what they got done last week. Failure to do so would be taken as a resignation. This bombshell was dropped as teams of DOGE workers continue to zero in on one agency after the next: the IRS, Social Security Administration, and others that store your personal information.
One agency the president wants to expunge is the Consumer Financial Protection Bureau, the CFPB – created to shield Americans from financial fraud and shady lending practices. A DOGE team was given wide access to the bureau's computers. What are they looking for? Are they downloading files? Deleting them? We don't know.
One agency the president wants to expunge is the Consumer Financial Protection Bureau, the CFPB – created to shield Americans from financial fraud and shady lending practices. A DOGE team was given wide access to the bureau's computers. What are they looking for? Are they downloading files? Deleting them? We don't know.
Full transcript from 60 Minutes on Sunday