Legal & Regulation

CFPB
House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
April 09, 2025

The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.” Get the Full Story Complete the form to unlock this article and...

Bank Regulation
Treasury Secretary Plans to Play Bigger Role in Bank Regulation
April 09, 2025

The U.S. Department of the Treasury is reportedly planning to take a greater part in regulating banks in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
DailyPay Sues NY AG to Counter On-Demand Pay Restrictions
April 07, 2025

Earned wage access company DailyPay has sued New York Attorney General Letitia James. 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....

Legal & Regulation
DOGE Reportedly Plans to Construct ‘Mega API’ in IRS ‘Hackathon’
April 06, 2025

The Department of Government Efficiency (DOGE) is reportedly planning a “hackathon” at the IRS. 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...

Legal & Regulation
Report: EU to Announce Digital Services Act Penalties Against X This Summer
April 04, 2025

The European Union is reportedly preparing penalties against X that include a fine and demands for changes to the platform. 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...

Legal & Regulation
Report: Justice Department Will Not Block Capital One Acquisition of Discover
April 03, 2025

The Justice Department reportedly told financial regulators that it didn’t have sufficient evidence to block the proposed merger between Capital One and Discover. 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...

CFPB
Federal Appeals Court Keeps CFPB Alive Until April 9 Hearing
April 03, 2025

A federal appeals court reportedly paused a lower court’s order from last week that reversed President Donald Trump’s actions at the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Senate Banking Committee Advances SEC Chair Nominee in Party-Line Vote
April 03, 2025

The Senate Banking Committee voted Thursday (April 3) to advance President Donald Trump’s nominee as chair of the Securities and Exchange Commission (SEC), Paul Atkins, to the full Senate, which will vote whether to confirm the appointment. Get the Full Story Complete the form to...

Legal & Regulation
Musk to Leave DOGE Position in May, Retain Supporting Role
April 03, 2025

Elon Musk will reportedly leave his advisory role at the Department of Government Efficiency (DOGE) in the coming weeks and take on a supporting role. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...