Legal & Regulation

Legal & Regulation
Stablecoin Bill Heads to Senate After Vote in Banking Committee
March 13, 2025

A stablecoin bill, the GENIUS Act, is headed to the full Senate after being advanced by an 18-6 vote in the Senate Banking Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
FTC Begins Sending Refunds to Car Buyers in Vroom Settlement
March 13, 2025

The Federal Trade Commission (FTC) has begun sending more than $934,000 in refunds to consumers after reaching a settlement with online used car dealer Vroom in July. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
DOGE Ordered to Provide Details of Cost-Cutting Efforts
March 13, 2025

A federal judge wants more information on Elon Musk’s government cost-cutting project. 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 Today. By...

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 —...