The Damage Report
@thedamagereport·1.3M subscribers·34.1K videos
Elon Musk's X Money Plot SURGES Into Spotlight After Government Scheme Revealed
Posted
April 13, 2025
Views
29,057
Likes
1,912
Comments
152
Engagement
April 13, 2025
29,057
1,912
152
7.10%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
3:58Now PlayingElon Musk's financial scheme gets exposed by a progressive advocacy group, Demand Progress, as his big X money announcement coincides directly with DOGE activity and the Republican-controlled House of Representatives vote to kill a rule for oversight of digital payment applications that Musk has recently, openly advocated on social media for Congress to vote against. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
House Republicans Pass Bill Letting Musk 'Fleece Consumers' With His X Money Scheme
"In a move likely to further enrich Elon Musk, the world's richest person, the Republican-controlled U.S. House of Representatives on Wednesday voted to revoke a rule empowering a federal agency to oversee digital payment applications including Apple Pay, CashApp, and Venmo like it monitors banks and credit card companies.
House lawmakers passed S.J. Res. 28 by a party-line vote of 219-211, a move that followed the Senate's vote last month to rescind the Consumer Financial Protect Bureau (CFPB) rule requiring payment apps to be regulated under the agency's supervisory authority.
"The vote," the progressive advocacy group Demand Progress said, "is the latest in a damning and telling chain of events benefiting Elon Musk," chairman of the social media company X."
**
Be part of the Dragon Squad as a YouTube channel member
Follow The Damage Report on Facebook
Help build the Home of the Progressives
Subscribe to The Damage Report YouTube channel
Follow The Damage Report on TikTok
Follow The Damage Report on Instagram
Follow The Damage Report on Twitter
#TheDamageReport #JohnIadarola #TheYoungTurks
250410__DR10HouseBillMuskConsumersBP
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
