CFPB sues Walmart and fintech over driver payment program

By Ryan Lawler

CFPB sues Walmart and fintech over driver payment program

Why it matters: The CFPB is issuing a flurry of enforcement actions and rules proposals in the waning days of the Biden administration.

Driving the news: The suit, filed in the U.S. District Court for the District of Minnesota, alleges that starting in mid-2021, Walmart required workers under its Spark Driver program to use Branch accounts or face termination.

Between the lines: The latest enforcement action is part of a larger push by CFPB director Rohit Chopra to take care of pending business before the new administration takes over.

The intrigue: It's unclear how many proposed rules or actions will survive or be enforced under a second Trump administration.

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