Thursday, May 21, 2026
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Consumer protection

Demonstrators protest against cuts to the Consumer Financial Protection Bureau by US President Donald Trump and Elon Musks’s DOGE initiative, as a hearing is scheduled to take place at the E. Barrett Prettyman US Federal Court House in Washington, DC, on Wednesday (Manila time). Since taking office in January, Trump has launched a campaign led by Musk, the world’s richest person, to unilaterally downsize or dismantle swaths of the US government. A federal judge wants to hear directly from one of the top officials at the Consumer Finance Protection Bureau to learn if the Trump administration is unlawfully gutting the agency or just trying to streamline it.

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