CFPB-PR-241121-1 (11-21-24) CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking” – Final rule brings supervision to Big Tech and other widely used digital payment apps handling over 50 million transactions annually Excerpt – WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today […]
Category: ( Agency Rulemaking )
( Agency Rulemaking – Article ) ( Articles ) ( Agency Rulemaking ) Agency Rulemaking (AR) Agency Rulemaking is a crucial process in the administrative law framework, involving governmental agencies creating regulations to implement and enforce laws enacted by legislative bodies. This process ensures that agencies can effectively operate within their designated authority while adhering to legal standards […]