Elon Musk's DOGE takes aim at agency that had plans of regulating X

The exterior of the Consumer Financial Protection Bureau headquarters in Washington, D.C. Employees of the CFPB were notified that the headquarters would be closed and that employees were to work from home. Anna Moneymaker/Getty Images hide caption toggle caption Anna Moneymaker/Getty Images Elon Musk made a big leap late last month toward his long-shot goal of turning X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer money, similar to Venmo or PayPal. X, formerly Twitter, announced it had struck a deal with Visa to soon offer a mobile payments service, cementing the card giant as the first major partner in a feature called "X Money Account." This service would be directly regulated by the Consumer Financial Protection Bureau under expanded oversight powers it had finalized late last year allowing the agency to police things like privacy issues, fraud and how disputed transactions are handled at mobile payment apps l...