Musk called for elimination of the CFPB, which polices and regulates consumer financial products, in a post on his social media platform X

Donald Trump ran his presidential campaign promising to abolish entire federal agencies and departments, but it’s not quite so easy for a president to simply end an organization that was created and funded each year by Congress,

The president defended Elon Musk’s role in seeking to slash budgets and the federal work force as the young aides burrowing into federal agencies came under scrutiny.