investigations

Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems
Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems
February 14, 2025  |  Politics

The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency...

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FTC Urges Continued Research Into ‘Surveillance Pricing’
FTC Urges Continued Research Into ‘Surveillance Pricing’
January 17, 2025  |  Regulation

Days before the inauguration of President-elect Donald Trump, the Federal Trade Commission (FTC) released early findings from its ongoing study of what it calls “surveillance...

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UK’s Antitrust Regulator Tests New Powers Targeting Google
UK’s Antitrust Regulator Tests New Powers Targeting Google
January 14, 2025  |  Regulation

Since Jan. 1, the U.K.’s Competition and Markets Authority (CMA) has been granted new powers to regulate digital markets, investigate firms, impose remedies and enforce...

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Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
December 16, 2024  |  AML

U.K. FinTech Stenn has reportedly collapsed over possible ties to a Russian money laundering scheme. The company was placed into administration — a type of insolvency procedure...

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Macy’s Employee Accused of Concealing $132 Million in Delivery Costs
Macy’s Employee Accused of Concealing $132 Million in Delivery Costs
November 25, 2024  |  Retail

Macy’s has delayed its earnings call after discovering a multimillion-dollar “intentional” employee accounting error. That employee, the retailer said in a securities filing Monday (Nov. 25) had hidden...

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UK’s CMA Says Apple and Google Policies ‘Hold Back Innovation’
UK’s CMA Says Apple and Google Policies ‘Hold Back Innovation’
November 22, 2024  |  ANTITRUST

Apple and Google may face a formal investigation into their mobile ecosystem policies in the United Kingdom after a provisional study found that these policies...

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Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

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Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
October 30, 2024  |  Banking

Bank of America may ask a court to resolve the Consumer Financial Protection Bureau’s (CFPB) investigation of the bank’s processing of payments through the Zelle...

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FBI Reportedly Investigating Hone Capital’s Connections to China
FBI Reportedly Investigating Hone Capital’s Connections to China
September 25, 2024  |  Security & Fraud

The FBI is reportedly investigating a Silicon Valley venture capital group’s ties to China. Hone Capital launched with the help of a Chinese private equity...

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