Kate Berry: President Trump confirms his goal is to eliminate the CFPB

Here, in the American Banker. Excerpt:

President Trump confirmed on Monday that his goal is to eliminate the Consumer Financial Protection Bureau, which he said “was set up to destroy people.” 

Speaking to reporters from the Oval Office, Trump was asked on Monday afternoon to confirm that his goal was to have the CFPB totally eliminated.

“I would say, yeah, because we’re trying to get rid of waste, fraud and abuse,” he said, according to a video posted on the social media network X.

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