With the muzzling of the CFPB, consumer expectations for important privileges are suddenly no longer certain. Since the #CFPB is the primary federal regulator for non-banks, using a fintech may be among the categories where the terms are changing the most. @nytimes.com
With the government stepping back from regulatory duties, consumers may have to act as their own financial watchdogs.

Pay close attention when using financial technology, or #fintech, said @adamrust.bsky.social, including peer-to-peer payment apps.

Read more in New York Times: bit.ly/4btQpLd

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