TELL CONGRESS: Musk is trying to destroy the CFPB, which protects
consumers from the greed of big banks, payday lenders, and companies like
Tesla. Senator Elizabeth Warren, unions, and activists protested yesterday
to keep the CFPB alive. Sign the petition: Stop this Musk-Trump abuse of
power and save the CFPB.
[ [link removed] ]ADD YOUR NAME

Hi,

Shortly after Trump’s election, Elon Musk said he wanted to “delete” the
Consumer Financial Protection Bureau (CFPB).^1 Now, Musk is illegally
trying to make good on his word and shut down the agency for good.^2

The richest man in the world is attacking an agency that returns $21
billion annually to consumers who are cheated out of their money by big
banks, payday lenders, and companies like Tesla.^3

Yesterday, Sen. Elizabeth Warren, unions, workers, and activists protested
this Musk-Trump unconstitutional move to end the CFPB. We must join them
in rallying Congress to action.

[ [link removed] ]Sign the petition: Stop Musk’s attacks on the American people — save
the CFPB!

ADD YOUR NAME

Big financial institutions and CEOs like Elon Musk will be the main
beneficiaries of closing the CFPB. Everyone else will lose money to
predatory banking and lending practices.

Senator Warren helped start the CFPB after the 2008 financial crisis to
protect people from Wall Street. Musk is trying to hand power back to the
rich and harm consumers.

Last year, the Supreme Court ruled to protect the CFPB from corporate,
right-wing attacks.^4 So, Musk and Trump are circumventing Congress and
the courts to try to unilaterally shut the agency down. It’s against the
law. It's a threat to our democracy. Congress must stand in Musk’s way.

[ [link removed] ]Add your name: Stop Musk’s insidious power grab and protect the CFPB!

Thanks for taking action,

Joey and the team at Demand Progress

[ [link removed] ]DONATE

Sources:

 1. Common Dreams, “'So Much for Lowering Costs': Fury Over Musk's Death
Wish for CFPB That Returned Over $20 Billion to Consumers,”
[ [link removed] ]February 8, 2025.
 2. Ibid.
 3. NPR, “Musk's team takes control of key systems at Consumer Financial
Protection Bureau,” [ [link removed] ]February 7, 2025.
 4. SCOTUSblog, “Supreme Court lets CFPB funding stand,” [ [link removed] ]May 16, 2024.

 


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