Legal & Regulation

Legal & Regulation
Musk’s DOGE Reportedly Digging Into Medicare Payment System
February 05, 2025

Elon Musk’s Department of Government Efficiency (DOGE) has reportedly gained access to Medicare’s payment system. 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,...

Legal & Regulation
Treasury: Musk Has ‘Read Only’ Access to US Payment Systems
February 05, 2025

The U.S. Treasury says Elon Musk has only limited access to America’s payment systems. 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
FDIC Rates 3 of 60 Banks ‘Outstanding’ in CRA Compliance
February 04, 2025

The Federal Deposit Insurance Corporation (FDIC) rated three banks “outstanding” in its latest monthly list of banks examined for Community Reinvestment Act (CRA) compliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Trump: Elon Musk-Led DOGE Can Act Only With Administration Approval
February 03, 2025

President Donald Trump said Monday (Feb. 3) that Elon Musk can “let people go” only with the approval of the administration and not in instances in which he may have a conflict of interest. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Treasury Payments Systems at Risk? The DOGE Dilemma and What It Means for Banks
February 03, 2025

The events of the Feb. 1 weekend are tough to get your head around. Elon Musk and his team at DOGE were given access to the U.S. Treasury payments system,  perhaps the world’s most sensitive and potentially impactful. That’s about $5 trillion worth of flows...

ANTITRUST
Google to Seek Reversal of Judge’s App Store Order
February 03, 2025

Google and Epic Games will reportedly be in court Monday (Feb. 3) as Google seeks a reversal of a judge’s order that it allow rival app stores with its Play store. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
February 03, 2025

The Consumer Financial Protection Bureau announced Monday (Feb. 3) that President Donald Trump designated Treasury Secretary Scott Bessent as the CFPB’s acting director Friday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Shein’s Marketplace Reportedly Facing EU Investigation
February 03, 2025

Shein is reportedly facing a probe in Europe over its compliance with consumer laws. 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....

CFPB
Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?
February 03, 2025

At the Consumer Financial Protection Bureau, a sizable shoe has dropped. 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 completing...