The Trump administration is reportedly taking steps to dismantle the Consumer Financial Protection Bureau (CFPB), an agency established to protect consumers from fraudulent practices by financial institutions. This move includes halting the agency's operations, cutting off its funding, and shutting down its headquarters. Senator Elizabeth Warren criticized the administration's actions, describing them as a scam and accusing Trump and adviser Elon Musk of allowing an 'open season' on consumers. Other lawmakers echoed these concerns, emphasizing that the CFPB plays a critical role in safeguarding American consumers against predatory lending and abusive practices. They argued that the administration's actions are aimed at benefiting wealthy interests at the expense of everyday Americans. The situation has raised alarms about the future of consumer protection in the U.S., with calls for the restoration of the CFPB's functions and oversight.