Watchdogs reviewing DOGE actions at CFPB, Democratic lawmaker says
FILE PHOTO: Consumer Financial Protection Bureau (CFPB) workers rally on the day of a hearing in a case on the Trump administration's mass firings of CFPB workers, outside the U.S. District Court in Washington, D.C., U.S., March 3, 2025. REUTERS/Kent Nish
(Reuters) - Two watchdog agencies have agreed to review efforts by Elon Musk's Department of Government Efficiency to dismantle the U.S. Consumer Financial Protection Bureau, according to letters released Monday by a high-ranking Democratic member of Congress.
The Government Accountability Office, which is the investigative arm of Congress, and the CFPB's Office of Inspector General, have agreed to review aspects of DOGE's activities at the CFPB, the letters released by Maxine Waters, the top Democrat on the House Financial Services Committee, said.
Waters had called for the probes in February.
White House and CFPB spokespeople did not immediately respond to requests for comment. CNN reported last month that GAO had agreed to investigate.
Federal courts have frozen President Donald Trump's efforts to eliminate the CFPB or shrink the CFPB workforce by 90 percent while an employee union and consumer advocates battle against this in court.
Trump and Musk have called for the CFPB's elimination, accusing it of politicized enforcement. The administration has, however, pledged that the agency will continue to exist in some form.
Since firing its director in February, the administration has repeatedly attempted mass firings, granted DOGE members access to sensitive consumer and industry data and brought much of the agency's work to a standstill, drawing accusations of conflicts of interest and illegality from Democrats and administration critics.
In an April 29 letter, the Inspector General's office said it would review CFPB information security matters as other questions raised by Waters were subject to litigation or already under review by GAO.
(Reporting by Douglas Gillison; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- U.S. debt tops $40 trillion
- Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz
- From science fair to strategic showcase: a decade of China’s robot games
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share