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Fortune

Beatrice Nolan

DOGE is shuttering a consumer watchdog, which may clear the way for Musk's X payments platform plans, think-tank boss says

Elon Musk DOGE CFPB X United States Lindsay Owens Donald Trump Fortune USAid

(Credit: Photo by Anna Moneymaker/Getty Images)

Elon Musk's DOGE wants to "delete" an agency that could have directly regulated one of his businesses. Think-tank leaders are raising the alarm about a potential conflict of interest.

The latest U.S. agency in DOGE's cost-cutting sights may have directly intersected with Elon Musk's business interests.

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