President Donald Trump’s nominee to lead the consumer-focused federal agency that Elon Musk wants to “delete” and that Republican lawmakers have railed against since its creation indicated to senators Thursday that he could continue some data-focused work started by his Democratic predecessor. In his nomination hearing to lead the Consumer Financial Protection Bureau, Jonathan McKernan…
Category: Consumer Financial Protection Bureau
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Trump 2.0 Brings Cuts to Cyber, Consumer Protections
One month into his second term, President Trump’s actions to shrink the government through mass layoffs, firings and withholding funds allocated by Congress have thrown federal cybersecurity and consumer protection programs into disarray. At the same time, agencies are battling an ongoing effort by the world’s richest man to wrest control over their networks and…