The last round in the battle between PayPal and the CFPB took place in the DC District Court, and IPA’s Head of Government Relations, Chris Stromberg was there to hear the oral arguments.
In this episode, he discusses the arguments with IPA’s CEO, Brian Tate, and they consider what the possible outcomes could mean for the industry.
The suit was first filed in late 2019 and since then has been decided, appealed, and sent bank to Judge Richard Leon’s court. The outcome of the case could reshape the Bureau’s powers and the way the industry is regulated.
The IPA thanks our member sponsor, Netspend, for helping to make this show possible.
This podcast was recorded on July 13, 2023. Things may have changed by the time you hear it. You can find it here or wherever you get your podcasts.
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