Tech’s Trump Backers—Zuckerberg, Musk—Hate CFPB. It’s Now Been Paused.
Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work Monday, following months of anti-CFPB sentiment from President Donald Trump’s billionaire backers, including Mark Zuckerberg and Elon Musk, with Musk advocating for “deleting” the agency in his efforts to cut government spending.