Elizabeth Warren has grave concerns about Elon Musk gutting her consumer watchdog | CNN Business

New York CNN  — 

About a year before the subprime mortgage meltdown brought the global financial system to its knees, a Harvard Law School professor made the case for launching a new regulator to protect consumers getting ripped off by mortgages, car loans and other financial products.

After the Great Financial Crisis, that professor — now-Sen. Elizabeth Warren — got her wish. In 2010, Congress voted in favor of a sweeping financial overhaul that created the Consumer Financial Protection Bureau.

The new watchdog, reviled by the banking industry, would go on to return nearly $20

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