Tech’s Trump Backers—Zuckerberg, Musk—Hate CFPB. It’s Now Been Paused.
Trump appointed Bessent to take over the agency after firing Biden-era director Rohit Chopra over the weekend. The world’s wealthiest person, Elon Musk, has attacked the CFPB, joining a chorus of tech and finance titans who claim the agency has taken a heavy-handed approach to regulation.