Regulatory Tensions and Corporate Accountability

This chapter explores the role of the Consumer Financial Protection Bureau (CFPB) in tackling scams and fraud within the fintech sector, particularly focusing on the conflict between regulatory efforts and Silicon Valley interests. It analyzes the repercussions of recent changes in oversight practices by key financial regulatory agencies and their implications for corporate accountability in light of political agendas. The discussion raises concerns about diminished scrutiny of corporate behaviors and the potential consequences for public trust and economic fairness.