Regulation

Regulation
Trump Administration to Appeal Judge’s Preliminary Order to Keep CFPB Intact
March 31, 2025

The on-again, off-again saga of the Consumer Financial Protection Bureau (CFPB) continues. The Trump administration on Saturday (March 29) filed a claim in the U.S. Court of Appeals asking it to weigh in on a decision issued Friday that seemingly gave the agency a new...

Regulation
CFTC Says Digital Asset Derivatives Will Get Same Regulatory Treatment as Other Products
March 28, 2025

The Commodity Futures Trading Commission withdrew two advisories: one on the review of risks related to clearing digital assets, and the other on virtual currency derivative product listings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
March 27, 2025

The U.S. Senate voted Thursday (March 27) to repeal the Consumer Financial Protection Bureau’s final rule capping overdraft fees. 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...

Regulation
Cleo AI Settles $17 Million FTC ‘Fast Money’ Case
March 27, 2025

The FTC has won a $17 million settlement against online cash advance company Cleo AI. 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...

Regulation
DOJ Launches Task Force to Police ‘Anticompetitive’ Regulators
March 27, 2025

The Department of Justice wants to eliminate “anticompetitive” state and federal laws and regulations. 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...

Regulation
CFPB Signals It Will Drop Rule to Treat BNPL Providers Like Credit Card Companies
March 27, 2025

The ultimate fate of the Consumer Financial Protection Bureau (CFPB) has yet to be settled, but the past few weeks have seen the CFPB rescind several orders and rules aimed at banks and FinTechs. Get the Full Story Complete the form to unlock this article...

Regulation
Utah Governor Signs Bill to Regulate Earned Wage Access Industry
March 26, 2025

Utah Gov. Spencer J. Cox signed an earned wage access bill Wednesday (March 26), according to a press release issued by his office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
UK’s FCA Plans to Retire Outdated Guidance to Streamline Regulation
March 25, 2025

The United Kingdom’s Financial Conduct Authority plans to retire more than 100 pages of outdated guidance, withdraw hundreds of supervisory publications and take other steps to reduce burdens on businesses and improve outcomes for consumers. Get the Full Story Complete the form to unlock this...

Regulation
Massachusetts Investigates Robinhood’s New Prediction-Markets Hub
March 24, 2025

Massachusetts’ securities regulator is reportedly investigating Robinhood’s newly launched prediction-markets hub. 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...