Elon Musk, who appeared as Trump's powerful

Elon Musk, who appeared as Trump's powerful right-hand man, recently posted a message titled "Delete CFPB" on X, which caused a stir in Washington D.C. political circles. In Korea, the Financial Consumer Protection Agency is not such a high-profile organization, but its status in the U.S. is different. One of the key provisions of the Dodd-Frank Financial Reform Act, which was designed to reflect on the 2008 global financial crisis, was to create a financial consumer protection organization. It was Senator Elizabeth Warren who led the creation of the CFPB. She represents the left wing of the Democratic Party that tries to check large banks on Wall Street. One of Warren's eyes at the time was Rohit Chopra. He was an Indian-turned-president of Harvard University with a brilliant political sense. He worked as an MBA at Wharton School and worked for Mackenzie. What is interesting is that Chopra will be selected as a member of the Federal Fair Trade Commission (FTC) for the Democratic Party after Trump took office.

The FTC, a powerful federal organization that monitors corporate M&A, monopoly and unfair practices, is called the Grim Reaper of companies. While Chopra was excitedly checking on big tech companies at the FTC, Warren recommended another smart young Patistani man. It was Lina Khan. She graduated from Yale Law School. Khan learned the essence of checking big tech from Chopra and became the FTC chairman at the age of 32 when Biden took power. Chopra will move to the CFPB director. He will also serve as a non-executive deposit insurance committee member at the Federal Deposit Insurance Corporation FDIC, extending his tentacles to financial supervision. One of Chopra's areas that focused most on was big tech eating finance. He worked hard to keep Meta in check along with Democratic left-wing lawmakers. Recently, however, Trump won the presidential election. Elon Musk, one of the founders of digital finance, was beside him. It is obvious how much Elon would have disapproved of Chopra and the CFPB. The problem is what will happen if Elon runs like this. Of course, it is disruption. Innovation changes the times. What about the mountain? Something quite giddy can happen.