Musk’s DOGE Descends on CFPB With Eyes on Shutting It Down

The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money the agency needs.

Photographer: Al Drago/Bloomberg

Elon Musk’s Department of Government Efficiency has embedded itself inside the Consumer Financial Protection Bureau, the first step toward dismantling the agency.

Three DOGE team members—Christopher Young, Nikhil Rajpal, and Gavin Kliger—arrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement.