Trump administration and Musk’s DOGE plan to fire nearly all Consumer Financial Protection Bureau staff and wind down agency, employees say

The CFPB was by far one of the best returns on investment that we had. It has saved us billions of dollars in preventing abuse, has almost paid for itself each year by fining the corporations that scam us, and has returned billions of dollars to the American public by identifying previous scams and returning that money to those who got scammed.

But on the downside, this prevents billionaires from scamming the American public, so it obviously must go.