- United States
- Kan.
- Letter
I urge you to investigate Gavin Kliger, a Department of Government Efficiency aide who helped dismantle the Consumer Financial Protection Bureau while holding up to $365,000 in stock in companies regulated by the agency. These holdings, including Apple and Tesla, are banned under CFPB ethics rules. Experts say this is a clear conflict of interest and likely violates federal ethics laws (ProPublica, April 2025).
Kliger oversaw the firing of more than 1,400 CFPB employees, including its entire ethics office, while personally profiting from firms that could benefit from the agency’s collapse. This is not just unethical—it’s corrupt. The CFPB exists to protect Americans from financial abuse. Gutting it for personal gain endangers consumers and destroys public trust.
Congress must demand a full ethics investigation and act to restore the CFPB’s independence and staffing. This kind of self-dealing cannot go unchecked.