Legal & Regulation

Bank Regulation
Trump Picks Michelle Bowman for Fed Supervision Vice Chair
March 13, 2025

Federal Reserve Governor Michelle Bowman has reportedly been tapped to serve as the central bank’s vice-chair of supervision. 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...

ANTITRUST
Report: FTC to Continue Biden Administration’s Antitrust Probe of Microsoft
March 12, 2025

An antitrust probe of Microsoft that was launched in the last days of the Biden administration will reportedly continue under the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’
March 12, 2025

The head of the United Kingdom’s Payment Systems Regulator (PSR) reportedly said Wednesday (March 12) that he had been aware since January that the regulator could be abolished, as Prime Minister Keir Starmer said Tuesday (March 11) that it will be. Get the Full Story Complete the form...

Legal & Regulation
FTC Begins Sending Refunds to Consumers in Career Step Settlement
March 12, 2025

The Federal Trade Commission (FTC) said Wednesday (March 12) that it is sending more than $15.5 million in refunds to consumers after reaching a settlement with online career-training company Career Step in July. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
UK’s Starmer Axes Payment Systems Regulator
March 11, 2025

Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Trump Says Higher Tariffs Will Draw More Manufacturing to US
March 11, 2025

President Donald Trump said Tuesday (March 11) that the tariffs his administration is imposing will pay off in investments in American factories and jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Report: Fed Governor Michelle Bowman Likely Pick for Vice Chair for Bank Supervision
March 11, 2025

Federal Reserve Governor Michelle Bowman is reportedly the front-runner to become the next vice chair for bank supervision. 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
Brazil to Consider Requiring FinTechs to Report Transaction Values
March 11, 2025

The head of Brazil’s tax revenue service, Robinson Barreirinhas, said Tuesday (March 11) that evidence of money laundering may require the country to once again consider requiring FinTechs to report transaction values. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
New York Sues Allstate and National General Over Data Breaches
March 10, 2025

Several insurance companies doing business as National General and Allstate are facing a lawsuit in which the New York State Attorney General alleges that they failed to protect the personal information of consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...