Space X CEO Elon Musk is considering cutting the Consumer Financial Protection Bureau as part of his drastic government remaking under his new entity the Department of Government Efficiency (DOGE), The Washington Post reported Wednesday. President-elect Donald Trump promised Musk he could start a government agency to cut government agencies. While it hasn't yet been approved, Musk has already threatened government workers on his social media site, X, which has led to online bullying. Now he's talking about targeting the agency that enforces laws that protect Americans from banks, mortgage lenders and other financial markets. “Delete CFPB,” Musk said in a post on X. He claimed that "there are too many duplicative regulatory agencies." ALSO READ: How an economic crash could line Trump's pockets The idea drew harsh criticism from some who claimed it's an agency that works . One person suggested it was akin to defunding the corporate police . The bureau is among the few agencies that bring money into the government. Since its founding, the bureau " secured more than $19 billion in consumer relief , while penalizing large financial institutions and technology firms for allegedly mishandling Americans’ money," the Post reported. "Its oversight often has stoked the ire of the nation’s biggest banks, credit card companies and other lenders, which have sued the bureau repeatedly over charges of regulatory overreach." Musk's opposition appears to come from Silicon Valley venture capitalist and Donald Trump supporter Marc Andreessen, who accused the agency of “terrorizing financial institutions.” Andreessen’s firm has financially supported financial technology companies that have fallen under the watchful eye of the CFPB for misleading customers. In particular, LendUp Loans issued short-term, high-interest-rate loans while overcharging military service members. When the CFPB went after LendUp Loans, it mentioned that Andreessen's firm backed the company. Killing a government agency created by an act of Congress is more difficult than Musk might think. Doing so would also require an act of Congress. The one person who helped build the agency, Elizabeth Warren (D-MA), holds a seat in the U.S. Senate and, in particular, on the Committee on Banking, Housing, and Urban Affairs, as well as the Committee on Finance. The mere threat of a filibuster stops legislation from moving through the Senate.Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) Short Interest Update

CM condoles death of Mahavir Mandir Trust secy Kishore KunalJimmy Carter, the farmer, president and Nobel peace crusader, dies at age 100

Jimmy Carter, former US president and Nobel Peace Prize recipient, dead at 100, Atlanta Journal-Constitution reportsGreat ExpectationsThis LG OLED TV is my No. 1 pick for best picture quality, and it's $1,100 off for Black Friday