Legal & Regulation

Legal & Regulation
White House: Musk Is an Advisor and Not a DOGE Employee
February 18, 2025

Elon Musk works with the White House, not for it, according to an administration official. 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,...

ANTITRUST
UK’s CMA Gives Provisional Approval to Amex GBT Acquisition of CWT
February 18, 2025

American Express Global Business Travel, which is operated by Global Business Travel Group (GBT), said Tuesday (Feb. 18) that updated provisional conclusions announced by the U.K.’s Competition and Markets Authority (CMA) support the company’s position as it defends itself against an antitrust case brought by...

Legal & Regulation
Social Security Boss Quits as DOGE Digs Into Sensitive Data
February 18, 2025

America’s top Social Security official has reportedly resigned following a clash with Elon Musk’s efficiency group. 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...

Bank Regulation
Fed Governor Michelle Bowman: Banking Regulations Should Allow Innovation
February 17, 2025

The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Criminal Trial of ‘Frank’ Founder Charlie Javice to Begin Tuesday
February 17, 2025

When the criminal trial of Frank Founder Charlie Javice and former Chief Growth Officer Olivier Amar begins Tuesday (Feb. 18), Javice’s defense team will reportedly argue that the criminal case stems from a commercial dispute in which the buyer of the student loan startup, JPMorgan Chase, felt...

Bank Regulation
Ebanx Secures In-Principle Approval for License From Monetary Authority of Singapore
February 17, 2025

Global payment service provider Ebanx secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). 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...

Legal & Regulation
DOGE Seeks Access to IRS System Amid IT Modernization Effort
February 17, 2025

The Elon Musk-led Department of Government Efficiency (DOGE) is reportedly seeking access to an Internal Revenue Service (IRS) system that is usually not available to political appointees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
JPMorgan Declines to Share Private Credit Lending Data With Regulators
February 16, 2025

JPMorgan Chase has reportedly declined to share its private credit lending data with regulators. 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...

CFPB
CFPB Firings On Hold Amid Lawsuit Against Trump Layoffs
February 16, 2025

The Consumer Financial Protection Bureau’s (CFPB) acting director has reportedly agreed to pause a mass firing of agency employees. 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...