Instead of trying to gut financial regulators, the [House Financial Services Committee] should support the resolution of inquiry, introduced by Rep. Maxine Waters, to get to the bottom of how Elon Musk’s DOGE team is hacking away at the CFPB’s capacity to do its work. H. Res. 259 demands that the President provide specific documents to the House of Representatives regarding DOGE’s access to computer systems and confidential data at the CFPB.
With every passing day, more information comes to light about the activities of DOGE employees at the CFPB and how they are flouting the law, both the Dodd-Frank Act, which created the agency, and broader rules around government conduct. According to new reporting, Gavin Kliger, the DOGE staffer involved in illegal firings at the CFPB, owns as much as $365,000 in shares of companies regulated by the agency, something prohibited by standing ethics rules. The Waters resolution seeks swift and complete answers about the actions and conflicts of interest of DOGE personnel.
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