The Federal Trade Commission’s new strategic plan, which covers the next five years, modified the regulator’s mission statement by returning the phrase “without unduly burdening legitimate business activity,” FTC Chairman Andrew N. Ferguson wrote in a message presenting the plan. Get the Full Story Complete the form to unlock...
Perplexity went to a federal appeals court on Wednesday (April 1) seeking to overturn an injunction that bars its artificial intelligence (AI) shopping agent, Comet, from accessing Amazon, according to MediaPost. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Justice Department will appeal a judge’s ruling from March 26 that blocked the Trump administration’s ban on government use of Anthropic’s artificial intelligence (AI) technology, Bloomberg reported Thursday (April 2), citing a court filing. Get the Full Story Complete the form to unlock this article and...
The Commodity Futures Trading Commission (CFTC) filed separate lawsuits against Arizona, Connecticut and Illinois Thursday (April 2), saying the states have taken actions that intrude on the regulator’s exclusive jurisdiction to regulate prediction markets. Get the Full Story Complete the form to unlock this article...
Eliminating regulations that boost reserve holdings without making the financial system safer could help the Federal Reserve shrink its balance sheet, Lorie Logan, president and CEO of the Federal Reserve Bank of Dallas, said Thursday (April 2). Get the Full Story Complete the form to...
Coinbase is a step closer to becoming a national trust company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
The latest Consumer Financial Protection Bureau data leaves little ambiguity about where the credit ecosystem is facing pressure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The Trump administration aims to get its plan to shrink the Consumer Financial Protection Bureau (CFPB) past legal challenges by reducing the scope of the cuts from nearly 90% to about 66%, Reuters reported Wednesday (April 1), citing court documents. Get the Full Story Complete...
The Treasury Department proposed its first regulation to implement the stablecoin-focused GENIUS Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
