VF Hive editor Jon Kelly, Kristen Scholer and the Hive panel discuss the top five stories of the week in politics, technology and business. Tom Frank and Bess Levin kick off The Hive 5 with the first legislative victory of Donald Trump's presidency. They talk about the tax reform bill that, critics argue, will raise the deficit, harm the middle class, and only benefit corporations. Maya Kosoff covers the latest troubles for Uber. She and Nick Bilton discuss the recent ruling from the European Court of Justice that Uber is essentially a cab company, as opposed to a digital technology company. Bess Levin and T.A. Frank weigh in on Bernie Sanders' suggestion that the Republican tax bill will be completely re-written once the Democrats take over Congress in 2018. The panel discusses a possible Sanders run for president in 2020. Bilton and Kosoff return to report on Facebook, and how 2017 was a reckoning for the company. They talk about whether Mark Zuckerberg can pivot in 2018, or if the company will be broken up. Levin and Frank round out The Hive 5 with a discussion on the return of Anthony Scaramucci to the news. They bring up his criticisms of Steve Bannon at a recent holiday party, and whether he might be well-suited to star in his own reality show.

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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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