Posted on 02/11/2025 9:23:28 AM PST by SeekAndFind
Sen. Elizabeth Warren (D-Mass.) on Monday accused the Trump administration of trying to shut down the Consumer Financial Protection Bureau (CFPB) to benefit tech billionaire Elon Musk’s payment platform “X Money.”
Speaking at a protest organized by CFPB workers outside their headquarters, Warren said Musk wants “X money” to charge every part of a person’s financial life.
“CFPB is there to make sure Elon Musk’s new project cannot scam you and steal your personal data,” she said, adding that this is why Musk is going after the agency.
“This is like a bank robber trying to fire the cops and turn off the alarms just before he strolls into the lobby,” she said.
“We the people, not Elon Musk, have the real power,” Warren continued, as the crowd cheered in response.
She said the billionaires were trying to take over the country, but Democrats would resist their attempts. “We will fight for the little agency that fights for us.”
“We will fight it out in Congress, in courts and across this country — and I promise you: We will win,” Warren said.
Referring to the agency as “financial cops,” Warren told the crowd that after the 2008 financial crash, Congress created the CFPB to protect people from getting swindled. “Congress built it and no one other than Congress — not Donald Trump, not Elon Musk — no one can fire the financial cops.”
A series of steps taken by the Department of Government Efficiency (DOGE) over the weekend have left the agency largely nonfunctional. Warren, who helped set up the bureau before she joined Congress, has been critical of the move.
In a video posted on the social platform X on Monday, Warren called the Trump administration’s reported efforts to shutter the CFPB “another scam.”
(Excerpt) Read more at msn.com ...
Another unreasonable and unaccountable female official who makes it up as she goes.
Repulsive skeletor.
Turn the financial cops Warren glorifies toward the #1 criminal financial racketeering operation in the world, the U.S. Government. That’s how you build back better.
If she is right, that is precisely why the CFPB is unconstitutional.
CFPB. Brought to you by Chris Dodd, Barney Frank and Old Grey Beaver.
This POS Warren is incapable of telling the truth.
These moves are part of a broader agenda to consolidate federal agencies and reduce their scope, striking fear, unease, and aggressive opposition in Democrats. So far, it’s been working, leaving many wondering what they can feasibly do as any semblance of the “old way” of doing things has been thrown out the window.
However, it appears that not everyone in the federal government is standing down, with Mr. Russel Vought, recently appointed as acting director of the CFPB, now being hit with two union lawsuits after he issued directives freezing much of the Consumer Financial Protection Bureau’s (CFPB) work.
One alleges that Vought is attempting to block access to CFPB employee information, precisely three staffers affiliated with an unofficial office. The second asserts that Vought’s actions, including halting work at the bureau and withholding funding, attempt to thwart Congress’s decision to create the CFPB and protect American consumers. Seeing the Dems hold next to no power out of the Presidency, the Senate, and the House, they are left to use the courts as their only means of action.
Related video from yesterday
Maxine Waters has meltdown over CFBP, shouts “Elon Musk, where are you? Bring your *ss over here!
“He’s a thief! He’s a gangster!”
https://rumble.com/v6jbaqy-elon-musk-where-are-you-bring-your-ass-over-here.html
I think you completely missed my mark, or I was terrible at illustration with words. And yes, most Americans are functioning at the level of 12 year-olds.
this would be like the president telling congress they cant fire their interns!
Oops #9
Got the two lunatics mixed up
She posted this video yesterday
Elizabeth Warren: Trump letting Elon Musk kill the Consumer Financial Protection Bureau
https://rumble.com/v6j5rsg-warren-trump-letting-elon-musk-kill-the-consumer-financial-protection-burea.html
Actually they can.
Can I call her Pokey for short?
What an F’n loon!
Bwahahaha
Warren is a 21st century American fascist. Pure and simple.
She’s socialist, she’s statist, she’s collectivist. Everything she does is to promote government and her party’s power. She doesn’t mind big banks or big pharma, as long as they are under her thumb and paying kickbacks to her leftist cronies.
Warren: “No one can fire the financial cops”
Trump: “Hold my firewater and watch this.”
Her constituents spray-paint ACAB. Would this include those “cops?” Would she welcome those “cops” to investigate how she became a tens of millionaire on a government salary?
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