Elon Musk wants to 'delete' the CFPB. Could he? | American Banker

WASHINGTON — Elon Musk said the Consumer Financial Protection Bureau should be eliminated, calling the bureau an example of “too many duplicative regulatory agencies.” 
The call comes after Marc Andreeson, the Silicon Valley venture capitalist, said on a Joe Rogan podcast that the bureau was “terrorizing financial institutions.” 
Andreeson has a long history with the bureau. The CFPB said earlier this year that it had returned nearly $40 million to consumers from a fintech company […]
Elon Musk wants to 'delete' the CFPB. Could he? | American Banker