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Al Jazeera
Al Jazeera
Politics
Al Jazeera Staff

Trump ally Elon Musk calls to ‘delete’ US consumer protection bureau

President-elect Donald Trump watches a SpaceX rocket launch with Elon Musk in Boca Chica, Texas, on November 19 [Brandon Bell/Pool via AP Photo]

Tech billionaire Elon Musk has expressed support for binning a federal agency in the United States designed to protect consumers from predatory financial practices.

In an early-morning message on his social media platform X, Musk called for an end to the Consumer Financial Protection Bureau (CFPB), an independent watchdog agency with oversight over banks and other financial institutions.

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