Updated March 26, 2026 Corruption & Self-Dealing
Serious Rights Violation Ongoing
CFPB Dismantlement While Musk Launches Competing XMoney Payment Service
Musk used his government role leading DOGE to dismantle the CFPB, the agency positioned to regulate his XMoney digital payments platform, while gaining access to competitors' confidential financial data — a textbook conflict of interest that multiple ethics bodies have flagged as potentially criminal.