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Consumer watchdog's work frozen amid Musk's federal cost-cutting push
Catch up with NBC News Clone on today's hot topic: Consumer Watchdog S Work Frozen Amid Musk S Federal Cost Cutting Push 232435781587 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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The Consumer Financial Protection Bureau, the agency responsible for protecting consumers, is now under scrutiny as part of Elon Musk's push to cut costs across the federal government. Recently, the agency sued Capital One Bank for allegedly defrauding consumers of over $2 billion. However, its work is now frozen. NBC News' Brian Cheung explains what happens next.Feb. 20, 2025