Senators Warren and Schiff pen letter to CFPB OIG on Musk’s actions

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On March 26, Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA), under the jurisdiction of the Senate Committee on Banking, Housing, and Urban Affairs, requested the CFPB’s OIG investigate potential ethics violations by Elon Musk and other DOGE officials at the CFPB. The inquiry focused on whether Musk, as a “special government employee,” violated ethics or conflict of interest statutes. The letter argued that Musk and DOGE must comply with federal ethics laws while making changes affecting the CFPB, as such actions could benefit Musk’s business interests.

The senators expressed concerns about Musk’s dual role as a government employee and business executive, highlighting potential conflicts of interest. They questioned the guidance given to Musk and DOGE officials on ethics compliance and requested information on any waivers issued to address conflicts. The letter also sought details on communications between the CFPB, the Treasury, and the Office of Government Ethics regarding Musk’s activities.

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