The trade groups also said the CFPB identified no consumer risks or gaps in regulatory oversight that justified the rule, which covers companies that process at least 50 million transactions ...
Two technology trade groups, TechNet and NetChoice, have filed a lawsuit against the US Consumer Financial Protection Bureau (CFPB) over its efforts to regulate digital payment apps and wallets ...
and challenges the CFPB's authority over non-bank financial technology innovators. The trade groups argue that Congress did not empower the CFPB to supervise large non-banks offering consumer ...
The furious pace of deregulation is gutting agencies intended to protect ordinary Americans, consumer advocates say. But ...
As two Biden-era appointees leading bank watchdogs continue ... be duplicative in its mission. The CFPB has been reviled by some Republicans and business groups who claim the agency lacks ...
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