Legal & Regulation

Legal & Regulation
Former Democratic Treasury Secretaries Condemn DOGE Access to Payment Systems
February 10, 2025

Five former Democratic Treasury secretaries wrote Monday that the efforts of the Elon Musk-led Department of Government Efficiency (DOGE) to gain access to federal payment systems are a “cause for concern.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Government Asks Court to Vacate Order Blocking Access to Treasury System
February 10, 2025

The President Donald Trump administration reportedly said in a Sunday (Feb. 9) court filing that a judge’s order blocking the Elon Musk-led Department of Government Efficiency (DOGE) from accessing Treasury Department payment systems also prevents Treasury Secretary Scott Bessent from doing his job. Get the...

CFPB
CFPB in Limbo — Should FinTechs and Banks Stay the Course?
February 10, 2025

The phrase “manic Monday” is getting a pretty good workout these days. Far from being a cute top 40 song from the ’80s, the ongoing drama at the Consumer Financial Protection Bureau (CFPB) has put a new spin on catching up with the weekend news....

Legal & Regulation
FTC Names General Counsel and Heads of Consumer Protection and Competition Bureaus
February 10, 2025

The Federal Trade Commission has a new general counsel and two new heads of bureaus. 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,...

CFPB
Report: CFPB Acting Director Tells Employees to Stop Working
February 10, 2025

The new acting director of the Consumer Financial Protection Bureau (CFPB), Russell Vought, reportedly told the agency’s employees Monday (Feb. 10) to stay out of the office and not perform any work tasks. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
With CFPB Closed, Open Banking Awaits Next Steps
February 10, 2025

The Consumer Financial Protection Bureau is shuttered — at least for now. 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...

CFPB
Treasury Union Files Suit to Combat CFPB Shutdown
February 10, 2025

The CFPB’s sudden weekend shutdown is now the subject of a federal lawsuit. 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
Judge Blocks Musk’s DOGE From Accessing Treasury Payments Data
February 10, 2025

A federal judge has temporarily blocked Elon Musk’s government efficiency group from accessing the U.S. Treasury’s payment system. 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...

Bank Regulation
Banking Sector Vet Rodney Hood Named Acting OCC Head
February 09, 2025

One of America’s main financial regulators has a new acting director. 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...