Latest in Payments Watchdog
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Starmer axes UK payments watchdog as part of anti-regulation drive
Government says regulator’s merger with Financial Conduct Authority will reduce complexity and boost innovationFinancial Times - 1d -
Firing the Watchdogs | Sunday on 60 Minutes
Hampton Dellinger, former head of a federal watchdog agency, was among the first to be fired by President Trump. So were 18 inspectors general and the chief of the board that protects federal ...CBS News - 4d -
Late car payments hit highest level in decades
Americans are falling behind on their monthly car payments at the highest rate in more than 30 years.The Hill - 4d -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - 2d -
Watchdogs fired by Trump raise alarms over future of independent oversight
President Trump has fired several independent government watchdogs. They're now sharing warnings about what it could mean for federal oversight.CBS News - 2d -
3/9/2025: Firing the Watchdogs; The Settlement; A Method to this Madness
First, a report on the significance of President Trump firing independent government watchdogs. Then, a look inside the Purdue Pharma bankruptcy case. And, Dan Hurley: The 60 Minutes Interview.CBS News - 2d -
What America is losing as Trump fires independent government watchdogs
President Trump has fired heads of offices and agencies tasked, since Watergate, with protecting federal workers and whistleblowers. Scott Pelley reports on what's happening to independent watchdogs.CBS News - 2d -
Judge orders release of certain owed foreign aid payments
A federal judge on Monday ordered the Trump administration to release foreign aid payments owed under certain existing contracts but stopped short of staving off mass contract cancellations that ...The Hill - 1d -
Computer owners duped in antivirus scam to get over $25M: What to know about payments
More than $25 million in payments will go out this week to customers who were tricked into paying for fraudulent tech support offered by two companies.The Hill - 1d -
OPM Watchdog Says Review of DOGE Work Is Underway
The acting inspector general says the Office of Personnel Management is investigating whether any “emerging threats” have arisen as Elon Musk’s DOGE works to rapidly transform government systems.Wired - 2d -
Deadline arrives for Trump administration to make foreign aid payments
The Trump administration faced a judge's deadline of 6 p.m. EDT on Monday to repay millions in foreign aid funds. It's unclear at this point if it followed through with the order. Tom Dupree, ...CBS News - 1d -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 2d -
Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.The New York Times - 5d -
UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - 1d -
UK watchdogs scrap diversity and inclusion rules for financial firms
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policiesFinancial Times - 5h -
Bond market strains intensify for Reeves as investors await watchdog’s fiscal verdict
Preliminary forecasts by OBR based on UK borrowing cost data period that excludes more recent rise in gilt yieldsFinancial Times - 3h -
T-Mobile customers to get payments up to $25K next month after data breach: Here's who qualifies
The $350 million T-Mobile agreed to pay in a 2022 class action settlement will finally start going out to customers next month.The Hill - 6h -
Disability benefit cuts test loyalty of Labour MPs
Some are worried about the possibility of freezing payments for people with long-term conditions.BBC News - 4h -
Fired special counsel: 'I don't think we have watchdog agencies anymore'
The ousted head of the Office of Special Counsel (OSC) said his removal by President Trump is among a series of firings that have taken a wrecking ball to oversight of his administration. Special ...The Hill - 2d -
UK growth push held back by poor Whitehall co-ordination, watchdog finds
National Audit Office says departments needs to work together more effectively on industrial strategyFinancial Times - 22h -
Mastercard and Visa linked to illegal gambling sites accused of scamming UK customers
Card giants processing payments for unlicensed operators as customers report losing thousands. Mastercard and Visa are processing payments for illegal gambling websites accused of scamming UK ...The Guardian - 3d -
Altadena Residents Face High Costs as They Begin to Rebuild Their Homes
The realities of construction costs and insurance payments after the Eaton fire have set in for residents.The New York Times - 4d -
All HHS workers given $25,000 voluntary buyout offer, source says
All employees in the U.S. Department of Health and Human Services were notified Friday of the option to voluntarily resign in exchange for a $25,000 payment.CBS News - 3d -
I fled our $2.2M home due to domestic abuse. I’m on the loan, but we’re both on the title. My husband won’t sell. What now?
“He contributed a $1 million down payment. I mortgaged the rest in my name.”MarketWatch - 3d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 2d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - 1d -
How much does a $200,000 HELOC cost per month in 2025?
What kind of monthly payment would you make on a $200,000 HELOC at today's rates? Find out here.CBS News - 1d -
Ex-Cyclone Alfred floods live updates: emergency disaster relief payment for loss of income approved; Brisbane and NSW flooding; flood evacuation warnings – latest news
Follow today’s news live. Full report: residents warned to head for high ground as flood waters rise Send us your photographs and videos of ex-Cyclone Alfred Get our breaking news email , ...The Guardian - 2d -
US added to international watchlist for rapid decline in civic freedoms
Civicus, an international non-profit, puts country alongside Democratic Republic of Congo, Italy, Pakistan and Serbia. The United States has been added to the Civicus Monitor Watchlist, which ...The Guardian - 2d -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 2d -
CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 2d -
The Wirecard fugitive, Russian intelligence and a Bulgarian spy ring
A London espionage trial has provided rare insight into the activities of Jan Marsalek, the former payments executive, and how Moscow is outsourcing its spyingFinancial Times - 5d -
Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 5h -
"Dismantling" independent oversight in D.C.
In its purge of federal employees, the Trump administration has fired independent inspectors general, heads of government watchdog agencies, and everyday civil servants. Here's why so many ...CBS News - 2d -
Aid operations in Gaza imperiled as millions of promised USAID dollars do not arrive
The Trump administration’s cuts to USAID have frozen hundreds of millions of dollars in contractual payments to aid groups, leaving them paying out of pocket to preserve the fragile Gaza ceasefire, ...ABC News - 5d -
Here's the biggest news you missed this weekend
All employees of the Department of Health and Human Services, overseen by Secretary Robert F. Kennedy Jr., received unsigned emails Friday night offering them a “voluntary separation incentive ...NBC News - 3d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - 2d -
HHS offers buyout option for workers who quit, source says
All employees at the U.S. Department of Health and Human Services received an offer of a $25,000 payment if they choose to voluntarily resign, a source familiar with the situation told CBS News. ...CBS News - 2d -
Federalist Society leader defends 'demonstrably conservative' Coney Barrett
Justice Amy Coney Barrett has been the object of the online right’s rage ever since she ruled against the Trump administration last week in its bid to freeze foreign aid payments. But the person ...The Hill - 10h