Elon Musk's dream to make Twitter/X a financial site could be closer to reality after Senate hobbles CFPB powers

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• The Senate has stripped the Consumer Financial Protection Bureau’s power to monitor digital payment offerings. That could clear the way for Elon Musk's Twitter/X to broaden its payments plan. The proposal still needs to pass the House, but two senators are calling for an ethics investigation into Musk’s role in the change.

Democratic lawmakers are calling for a federal ethics office probe after the Senate voted to strip the Consumer Financial Protection Bureau (CFPB) of its power to oversee digital platforms.