2024-03-13T17:02:16-04:00March 13th, 2024|2- Daily Briefing|

HFSC GOP Slams CFPB Nonbank Payment Company Proposal

As anticipated, today’s HFSC Digital Assets Subcommittee hearing on the CFPB’s proposed  standards for certain nonbank payment companies featured a strong GOP attack premised as much on the Bureau’s work to date as on this proposal (see FSM Report PAYMENT27).