Legal & Regulation

CFPB
CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
February 27, 2025

The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). 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,...

Legal & Regulation
Trump Says US Has Decided to Impose Tariffs on EU
February 26, 2025

President Donald Trump reportedly said Wednesday (Feb. 26) that the U.S. has decided to impose tariffs on the European Union (EU) and will announce the details soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Government Memo Outlines How Agencies Should Streamline Federal Workforce
February 26, 2025

Federal government agencies should focus on the “maximum elimination” of functions that are not statutorily mandated, while enabling high-quality, efficient delivery of those are that statutorily mandated, according to a memorandum issued Wednesday (Feb. 26) to help agencies implement President Donald Trump’s Department of Government Efficiency (DOGE)...

Legal & Regulation
House Financial Services Seeks Ways to Compete With China
February 26, 2025

How can the U.S. best compete with China? 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 form, you...

AML
OKX Crypto Exchange Fined $500 Million for Anti-Money Laundering Violations
February 26, 2025

The operator of the OKX cryptocurrency exchange has admitted to breaking anti-money laundering (AML) laws. 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
Why This CEO Says It Has to Be ‘Business as Usual’ in Uncertain Regulatory Climate
February 26, 2025

The future is uncertain for a host of regulatory agencies these days, with the financial services sector seeing more uncertainty than most. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Robinhood CEO Vlad Tenev Says Government Regulation Good for Business
February 25, 2025

Robinhood Markets CEO Vlad Tenev reportedly said Tuesday (Feb. 25) that government regulation is good for the company’s business. 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,...

Legal & Regulation
FTC Nominee Mark Meador Says Agency Should Target Tech Censorship
February 25, 2025

President Donald Trump’s nominee for the Federal Trade Commission (FTC), Mark Meador, said Tuesday (Feb. 25) during a Senate confirmation hearing that the agency should combat companies’ overly restrictive noncompete agreements and should continue its efforts to fight censorship on tech platforms. Get the Full...

CFPB
Justice Department Says CFPB Will Be Streamlined, Not Dismantled
February 25, 2025

Justice Department attorneys reportedly said late Monday (Feb. 24) in court filings that the Trump administration plans to streamline, not dismantle, the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...