Barack Obama’s former campaign manager turned Uber exec David Plouffe has been hit with a $90K fine for reportedly illegally lobbying Chicago’s mayor Rahm Emanuel on behalf of Uber. The fine came down care of the city’s Board of Ethics after a series of emails written...
The Federal Trade Commission announced Wednesday (Feb. 15) that it has charged a Florida man with aiding telemarketers in India with scamming cash-strapped consumers in the U.S. and is now banned from helping any telemarketers as part of a settlement. Get the Full Story Complete...
Aiming to beef up security in connected and driverless cars, a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are...
The Federal Trade Commission on Tuesday (Feb. 14) laid out how it fought back against illegal debt collection practices in 2016 in its report to the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Daniel Tarullo, the Federal Reserve’s head creator of the financial regulations after the financial crisis, is gearing up to resign, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its...
The FTC’s Bureau of Consumer Protection has a new acting head. Thomas Pahl was named by acting chairman of the FTC, Maureen Ohlhausen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
After a long period in the deep freeze, startup banks are showing some early signs of life in the U.S. economy. According to reports, eight separate groups have filed applications with the FDIC to open new banks. That is the largest number of new bank...
Molly Wilkinson, executive director of the Electronic Payments Coalition, argued in a Forbes report Tuesday (Feb. 7) that the new Congress under President Donald Trump should reconsider the Financial CHOICE Act that repealed price controls under the Dodd-Frank Act. Get the Full Story Complete the form...
