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The Latest Breaking News from Elizabeth Warren

Treasury watchdog begins audit of Musk DOGE team's access to federal government's payment system

The Treasury Department’s Office of Inspector General says it's launching an audit of the security controls for the federal government’s payment system

The Independent UK

Robert F Kennedy Jr sworn in as health secretary after Senate confirmation

Vaccine skeptic now leads US’s vast healthcare system after gaining backing of key Republican senators

The Guardian - US

Elizabeth Warren's Hubris Allowed Trump To Defund the CFPB

Instead of isolating the CFPB from Congress' budget-making authority, Warren and former President Barack Obama made it easier for a president to effectively shut it down.

Reason

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If your bank rips you off, the Consumer Financial Protection Bureau gets your money back. Elon Musk is killing it

The CFPB has returned more than $17 billion to Americans — and dozens of its workers were laid off on Tuesday night

The Independent UK

How Elon Musk could benefit from destroying the Consumer Financial Protection Bureau

‘This is like a bank robber trying to fire the cops and turn off the alarms before he strolls in the lobby,’ Elizabeth Warren says

The Independent UK

Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.

Roll Call

How Musk uses sexism to scam MAGA men

How to sell MAGA men a pro-scam agenda? Tell them a woman founded the Consumer Financial Protection Bureau

Salon

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Federal Reserve Chair Powell Not Rushing To Cut Interest Rates

Federal Reserve Chair Powell's resistance to rate cuts and Senator Warren's criticism of Fed's political maneuvers amidst ongoing debate with lawmakers.

Top News

Sen. Elizabeth Warren Warns On Consumer Financial Protection Bureau Cuts: 'Let The Scams Begin'

Sen. Elizabeth Warren says there are "zero cops" overseeing the consumer lending market after the CFPB headquarters were shuttered and workers told to stay home.

International Business Times

Elon Musk, Crypto Leaders Laud 'Unplugging' Of CFPB, Critics Push Back

Elon Musk and some crypto executives celebrated the Trump government's work on shutting down the CFPB, raising questions among other crypto users and X commenters about whether they actually cared about the financial welfare of Americans.

International Business Times

Trump Blasts 'Pocahontas' Sen. Warren, Says Reporter Has 'More Indian Blood Than She Has'

Donald Trump on Monday revived talks around Sen. Elizabeth Warren's Native American ancestry, calling the Democratic lawmaker a "fake," and accusing her of using the CFPB to "go around and destroy people."

International Business Times

Union Sues Over US Consumer Protection Agency Work Pause

The National Treasury Employees Union brought two court cases against acting CFPB director Russell Vought, accusing him of trying to shut down the agency -- which was created by Congress -- and of giving the Elon Musk-led Department of Government Efficiency (DOGE) access to employees' personal information.

International Business Times

Vought moves to kill CFPB

In an email sent Monday, OMB Director Russ Vought told CFBP staff to stay home and stop working

Salon

California Teachers Make 6 Figures on Average. Now They Demand More.

Plus: Steel and aluminum tariffs, Venezuelan sanctions and deportations, and more...

Reason

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Salon

"Debanking" dispute reaches Congress

Republicans held congressional hearings on crypto industry claims that traditional banks won't serve them

The Guardian - US

Trump’s blitz to expand his power is direct threat to democracy, experts say

Executive actions aims to test limits of president’s authority and perhaps win backing from conservative supreme court

Fortune

The person ruling on Elon Musk’s DOGE conflicts of interest is...Elon Musk

White House press secretary Karoline Leavitt said Elon Musk will remove himself if overlap between DOGE and companies like SpaceX and Tesla arises.

Roll Call

Senate confirms Turner as HUD secretary - Roll Call

The Senate confirmed Scott Turner, a White House aide in the first Trump administration, to become Housing and Urban Development secretary.

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news in one place.

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International Business Times UK

Americans Could Face $1M Fine or 20 Years in Prison for Downloading AI Tool DeepSeek

A US bill proposes hefty fines and 20-year prison terms for using the Chinese AI tool DeepSeek. Is this about national security or market protection?

Barchart

Have U.S. Long-Term Interest Rates Peaked?

U.S. long-term interest rates remain stubbornly high in February 2025. While the Fed continues to cut the short-term Fund Funds Rate, the U.S. 30-year Treasury bond futures remain not far from the most recent February 2023 low as they consolidate and search for direction.

The Guardian - US

Progressive Democrats accuse Trump and Musk of ‘a plutocratic coup’

Lawmakers point to shutting of USAid and accessing federal payment system as markings of ‘constitutional crisis’

Latin Times

Democratic Senators 'Pull the Fire Alarm' on Elon Musk's Involvement in Trump Council: 'Most Corrupt Administration in Our History' "

Democratic Senators have issued warnings about the Department of Government Efficiency, headed by billionaire Elon Musk, after employees of the department attempted to access confidential computer systems at the United States Agency for International Development (USAID).

The Independent UK

Why Musk's access to the Treasury payment system is so dangerous

Critics sound the alarm after Musk and DOGE allies ‘given access’ to internal Treasury payment system

Fortune

Giving Elon Musk’s DOGE access to the Treasury payment system raises the risk of a U.S. debt default and global financial crisis, senator warns

The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in disbursements a year.