U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source - The U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS... - https://www.coindesk.com/policy/2025/03/03/u-s-senate-expected-to-vote-on-erasing-irs-s-crypto-broker-rule-that-threatens-defi-source #consumerfinancialprotectionbureau #internalrevenueservice #u.s.congress #breakingnews #u.s.senate #policy #defi

Trump 2.0 Brings Cuts to Cyber, Consumer Protections https://krebsonsecurity.com/2025/02/trump-2-0-brings-cuts-to-cyber-consumer-protections/ #CybersecurityandInfrastructureSecurityAgency #OrganizedCrimeandCorruptionReportingProject #NationalInstituteofStandardsandTechnology #ConservativePoliticalActionConference #GlobalInvestigativeJournalismNetwork #USAgencyforInternationalDevelopment #KleptocracyAssetRecoveryInitiative #ConsumerFinancialProtectionBureau #USSecuritiesandExchangeCommission

Rep. Nancy Pelosi: "By freezing the #ConsumerFinancialProtectionBureau (CFPB) the Trump Administration is dismantling critical consumer protections that returned billions of dollars to taxpayers. Republicans are enabling financial predators to rip off hardworking Americans to reward their billionaire donors." Source: a newsletter she sent to people in her Congressional district, including me. #politics

“ 'you are not fit for continued employment because your ability and skills do not fit the agency's needs,'"an attorney with the #ConsumerFinancialProtectionBureau told CBS News. 
A termination letter provided to CBS News by a former employee at the Department of #VeteransAffairs informed the worker that his job was ending because "you have not demonstrated that your further employment at the agency would be in the public interest."
https://www.cbsnews.com/news/trump-federal-employees-probationary-firings-layoffs-workers-impact/

BREAKING: CFPB's Vought Agrees To Pause #Layoffs Amid #Union #Litigation
The #Trump administration on Friday agreed to a temporary reprieve for the #consumerfinancialprotectionbureau promising not to fire more of its employees or delete any of its data amid a challenge by the agency's #union

Elon Musk’s Attacks on CFPB Remove Obstacle to Building ‘X Money’ https://www.byteseu.com/741464/ #America #BankingAndFinancialInstitutions #ConflictsOfInterest #ConsumerFinancialProtectionBureau #DonaldJ #Elon #GovernmentEfficiencyDepartment(US) #MobileCommerceAndPayments #musk #RegulationAndDeregulationOfIndustry #RussellT #SocialMedia #trump #UnitedStates #UnitedStatesOfAmerica #UnitedStatesPoliticsAndGovernment #US #USNews #USA #USANews #Vought #X(formerlyTwitter)

Trump Has Made His Major Decisions on His Crypto Regulation Team, Now Also OCC - President Donald Trump is just about done naming the key figures he's seeking to get into... - https://www.coindesk.com/policy/2025/02/12/trump-has-made-his-major-decisions-on-his-crypto-regulation-team-now-also-occ #officeofthecomptrollerofthecurrency #federaldepositinsurancecorporation #consumerfinancialprotectionbureau #commodityfuturestradingcommission #securitiesandexchangecommission #donaldtrump #policy

#Musk hopes to eradicate #CFPB that would oversee #regulating X

#ElonMusk made a big leap late last month toward his long-shot goal of turning #X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer #money, similar to Venmo or PayPal.

#law #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption #ConsumerFinancialProtectionBureau #technocracy #broligarchy
https://www.npr.org/2025/02/12/nx-s1-5293382/x-elon-musk-doge-cfpb

Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up - Government investigations into Mr. Musk’s companies are stalling from President Trump’s f... - https://www.nytimes.com/2025/02/11/us/politics/elon-musk-companies-conflicts.html #equalemploymentopportunitycommission #governmentefficiencydepartment(us) #consumerfinancialprotectionbureau #securitiesandexchangecommission #ethicsandofficialmisconduct #conflictsofinterest #trumpdonaldj #muskelon

2 More U.S. Regulatory Dominos May Have Fallen for Crypto: OCC and CFPB - The crypto industry can likely look forward to two more agencies falling into line on its... - https://www.coindesk.com/news-analysis/2025/02/10/two-more-u-s-regulatory-dominos-may-have-fallen-for-crypto-occ-and-cfpb #officeofthecomptrollerofthecurrency #federaldepositinsurancecorporation #consumerfinancialprotectionbureau #elizabethwarren #newsanalysis #maxinewaters #elonmusk

Jon Favreau: "Elon Musk is now bragging about destroying an $800 million/year agency that has returned $21 billion to consumers who've been screwed by banks, credit card companies, payday lenders, and other scammers. Get ready for the return of credit card late fees, overdraft penalties, and all kinds of new scams." #ConsumerFinancialProtectionBureau #CFPB

Going after the CFPB will piss off Elizabeth Warren mightily, since the bureau was her brainchild. Myself, I wouldn't want to be on the wrong side of Warren's anger. She's a canny opponent, and smarter than Vought, Musk, Trump or anyone else in the regime.

#coup #ConsumerFinancialProtectionBureau #CFPB #RussellVance

https://www.cnn.com/2025/02/08/business/cfpb-doge-vought-x?cid=external-feeds_iluminar_msn

#DOGE Is Now Inside the #ConsumerFinancialProtectionBureau

DOGE staffers will get read-only access to #CFPB data, systems, and equipment, according to an internal email reviewed by WIRED.
#privacy #security

https://www.wired.com/story/doge-access-consumer-financial-protection-bureau-data/

US consumer finance watchdog sued for treating digital wallets like banks - The new December ruling from the US Consumer Financial Protection Bureau... - https://cointelegraph.com/news/tech-groups-sue-us-consumer-finance-watchdog-for-treating-digital-wallets-like-banks #consumerfinancialprotectionbureau #digitalwallets #paymentapps #regulations #netchoice #technet #lawsuit #cfpb

CFPB leaves crypto wallets out of ‘Larger Participant’ rule - The agency highlighted consumer and industry comments in a 259-page repo... - https://cointelegraph.com/news/cfpb-leaves-crypto-wallets-out-larger-participant-rule #consumerfinancialprotectionbureau #consumerprotection #cryptoregulation #usregulators #regulation #cfpb