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... The vote advanced a proposed joint resolution to the House of Representatives that "disapproves" of a final rule Republicans introduced last year that was supposed to bring consumer protection regulation of digital payments companies in line with traditional financial institutions.

At that time, lawmakers were concerned about tech companies spying on consumers' transactions, preventing valid transaction disputes over incorrect or fraudulent money transfers, and other potential harms to consumers "when they lose access to their app without notice or when their ability to make or receive payments is disrupted."

But now, Republicans claim the rule "unnecessarily expands the CFPB's authority" and creates "barriers to innovation" in the digital payments world. Additionally, Trump has claimed that the CFPB has been "politicized," Reuters reported.

Warren and Schiff alleged in a letter to the Office of Government Ethics (OGE) Secretary Doug Collins that Musk has "clear conflicts of interest" that seemingly no one has investigated despite federal ethics laws. ...