About a week before Elon Musk helped take over the nation’s leading consumer financial watchdog, his social media site, X, unfurled the details of a new payment system that may have drawn federal scrutiny — underscoring the complicated web of personal interests at stake as the world’s richest person advises President Donald Trump on a reconfiguration of the U.

Elon Musk and DOGE have begun making moves toward dismantling the CFPB. The watchdog agency would be in charge of regulating X, which Musk wants to transform into a payment platform.

President Trump has empowered Elon Musk, the richest man in the world, to gut the federal bureaucracy. Here's 5 ways he's starting to carry it out.

The Trump administration's work to shut down the Consumer Financial Protection Bureau could hit American consumers in the wallet. It could also spare Elon Musk's business interests from unwanted federal attention.

President Trump signed an executive order giving Elon Musk's DOGE more power. New York Times Washington Bureau Correspondent Eric Lipton joins Katy Tur to share his political analysis of Musk's growing influence in the Trump administration.