CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal
AAPLApple(AAPL) CNBC·2024-11-21 21:58

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Consumer Financial Protection Bureau's Semi-Annual Report to Congress," in the Dirksen Building on Nov. 30, 2023.The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps.Tech giants and payments firms that handle at least 50 million transactions ...