Two technology trade groups, TechNet and NetChoice, have filed a lawsuit against the US Consumer Financial Protection Bureau (CFPB) over its efforts to regulate digital payment apps and wallets ...
and challenges the CFPB's authority over non-bank financial technology innovators. The trade groups argue that Congress did not empower the CFPB to supervise large non-banks offering consumer ...
A federal judge ordered the Trump administration to temporarily lift a freeze on foreign aid—which began three weeks ...
The trade groups also said the CFPB identified no consumer risks or gaps in regulatory oversight that justified the rule, which covers companies that process at least 50 million transactions ...
NetChoice and TechNet said Congress did not give the CFPB free rein to aggressively, arbitrarily and capriciously police large non-banks offering consumer financial services through such products as ...
Two technology trade groups on Thursday sued U.S. Consumer Financial ... NetChoice and TechNet said Congress did not give the CFPB free rein to aggressively, arbitrarily and capriciously police ...
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