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If Elon
Musk wants to kill off the Consumer Financial Protection Bureau, he should
be able to explain why to the American people.

That’s why I had invited him to Congress this week to speak at a hearing
about the CFPB. I wanted to hear him answer our questions about how
dismantling the agency will “eliminate fraud” and help working people.

No surprise, he did not show up. He doesn't have the guts to defend his
actions to Congress.

Why? Because he knows he's giving free reign to Wall Street to scam you.

What a coward.

He says that he’s for maximum transparency. If that’s so, he should get
off Twitter and face real questions from serious people.

He says he’s for getting rid of fraud. If that’s so, he wouldn’t be
eliminating the agency that mitigates fraud for working people.

He and Trump say they’re for lowering costs for working people. If that’s
so, they wouldn’t be going after the only financial regulator that is
dedicated solely to protecting Americans wallets and that has returned $21
billion dollars to working people who were scammed.

His actions contradict his words. He can’t defend what he’s done. So we
have to keep telling the real story of the CFPB.

Meanwhile, I realize Elon Musk has a huge ego and doesn’t think he has to
answer to anybody, but the thing is, the law applies to him, just like it
applies to everybody else.

And the law is that Congress created the Consumer Financial Protection
Bureau — and only Congress could actually get rid of it. Not a president
acting alone, and not a billionaire acting alone.

So here’s what we’re doing about this:

In the courts, we’re calling for the law to be enforced.

In Congress, we’re working to get people like Co-President Elon Musk, OMB
Director Russ Vought, and the new CFPB director nominee on record about
where their loyalties are.

And all over America, at protests, town halls, local organizing events, on
the news, and in newsfeeds, we’re raising our voices — growing strong,
public opposition against what they’re doing. We can’t let the field open
to just Elon Musk and a handful of his hacker minions.

Your voices and your stories matter. It was public opposition that saved
health care in 2018, and we can grow a strong grassroots movement again to
stop them. I need you to stay in this fight.

Thanks for being a part of this,

Elizabeth






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