Google sues CFPB over federal supervision of Google Pay
Google sues CFPB over federal supervision of Google Pay

Google filed a lawsuit on Friday against the U.S. Consumer Financial Protection Bureau (CFPB), challenging the agencys decision to place its payment division under federal supervision. The company argues that the CFPBs action is an example of government overreach concerning Google Pays peer-to-peer...

US judge won't resuscitate rule capping credit card late fees at $8
US judge won't resuscitate rule capping credit card late fees at $8

A federal judge in Texas on Friday denied a request by the Consumer Financial Protection Bureau (CFPB) to lift an injunction blocking a new U.S. regulation capping credit card late fees at $8. The rule, part of the Biden administrations broader push to eliminate junk fees, has faced opposition from...