Fintech, crypto expose consumers to new risks

Consumer advocates warn the bill could weaken state protections and let costly wage-advance products avoid lending laws

Earned wage access apps can be useful in a pinch, but they can also shrink the next paycheck and create a cycle of repeated advances.

Forget ballrooms and arches, this is a major campaign with long-lasting effects

Critics warn easier access for fintech and crypto firms to the banking system could expose consumers to fraud, risky accounts and weaker oversight