[ [link removed] ]Adam Schiff for Senate




Donald Trump and Elon Musk are pulling off an opposite Robin Hood scheme —
taking money from working people and handing it back to the ultra-wealthy.

Here’s what’s going on,
John.

The primary agency responsible for protecting Americans from large
corporations victimizing consumers — the Consumer Financial Protection
Bureau (CFPB) — has just been shuttered by Trump and Elon Musk. This
agency has saved Americans $21 billion by holding corporations
accountable. Just last month, it sued Capitol One for failing to pay
customers over $2 billion they were owed.

After the 2008 financial crisis, a bipartisan group of senators voted to
create the CFPB to enforce transparency and prevent illegal activity from
banks and financial lenders.

So, of course, Trump is dismantling it — to protect his billionaire donors
and mega-corporate allies, including Elon Musk, who stands to benefit
directly.

Musk is aggressively expanding his financial services empire through X by
rolling out digital payment options — and the CFPB is one of the key
agencies overseeing digital payment platforms. Just last year, the CFPB
proposed a rule to regulate large digital wallets and payment apps —
something that would have impacted Musk’s financial ambitions. By
eliminating the CFPB, Musk would be able to operate his financial ventures
unchecked, avoiding consumer protections and compliance costs while
profiting at the expense of working Americans.

Musk’s Department of Government Efficiency (DOGE) has also taken control
of key systems within the CFPB, effectively stalling oversight of big tech
companies and halting critical investigations. This isn’t about policy —
it’s about billionaires rigging the system to enrich themselves.

By gutting the CFPB, Trump is giving corporate America a green light to
steal from consumers, while working families foot the bill. It’s an
intentional redistribution of wealth — away from everyday Americans and
into the pockets of the ultra-rich.

We can’t let them get away with this,
John.

I’m joining my fellow Senate Democrats to expose Trump and Musk’s reckless
dismantling of consumer protections. Trump’s so-called “MAGA promise” is a
farce — his policies serve only himself and his wealthiest allies, while
everyday Americans pay the price.

[ [link removed] ]Please,
John, chip in a few dollars to
my work to amplify how the Trump administration is actively harming the
American people. We need to share these messages as widely as possible so
voters know the stakes.

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Thank you,
John.

— Adam

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