Regulations: Page 6

  • CFPB Director Rohit Chopra speaks in front of the House Financial Services Committee.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Senators urge BNPL crackdown

    Three Democratic U.S. senators pressed the Consumer Financial Protection Bureau to bring big buy now, pay later providers under federal oversight.

    By Caitlin Mullen • March 30, 2023
  • Close shot of the U.S. Capitol dome against the bright blue sky.
    Image attribution tooltip
    Brendan Hoffman via Getty Images
    Image attribution tooltip

    Battle over expected Durbin bill ensues

    A credit union trade group railed against expected credit card processing legislation aimed at Visa and Mastercard before a bill has even been introduced in Congress this year.

    By Lynne Marek • Feb. 27, 2023
  • Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    IRS proposes point-of-sale tip reporting

    Service industry employers that participate in a proposed voluntary IRS tip reporting program could receive protection from liability under rules that define tips as part of an employee’s pay, according to an IRS announcement.

    By Laurel Kalser • Feb. 14, 2023