NACA in the News: Why was Elon Musk named in 170 consumer complaints to the Mass. attorney general?

The Boston Globe, Why was Elon Musk named in 170 consumer complaints to the Mass. attorney general?

“’We overestimated how much our institutions will protect us,’ said Ira Rheingold, executive director of the National Association of Consumer Advocates.

Rheingold said Musk’s actions fit a broader pattern by the Trump administration of weakening consumer protections, including by attempting to dismantle the Consumer Financial Protection Bureau.

‘We live in a world right now where the federal government has completely abdicated [its] role in consumer protection,’ he said. “The question is, who is going to fill that role? It’s going to be either state AGs or private organizations.’”