Senate votes to strip the CFPB of its power to regulate X
- The U.S. Senate voted to revoke the Consumer Financial Protection Bureau's rule on digital payment apps, allowing platforms like Venmo to operate without strict oversight.
- Elon Musk's actions, including a call to 'Delete CFPB,' have coincided with the Senate's movement towards deregulating digital payment systems.
- Every Republican senator who voted supported repealing the rule, except for Josh Hawley of Missouri, highlighting a significant party alignment on this issue.
21 Articles
21 Articles


The Computer Will Be Right – End of Democratic Party
COMMENT: Dear Mr. Armstrong: What I found really weird was that some Democrats were holding signs saying, “Musk Steals.” Per its website, DOGE has saved $105B. In the name of all that is good and right, who are the ones stealing?! Where was this money going?! Wasn’t a good amount of this money routed to go, in fact, to the folks holding the signs and their party for their personal benefit at the expense of “We the People”?! Is this the new, new …
Corporate America's Dirty Trick
This commentary was published in partnership with Unherd. Yesterday, the Senate Republicans finalized the repeal of the CFPB’s rules to prevent debanking — totally removing any protections for consumers. I interviewed the former CFPB director Rohit Chopra on System Update this week to discuss this issue and other matters. The venture capitalist Marc Andreessen is one of the most forthright individuals in Silicon Valley. Yet even this billionaire…
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