Penny Lee

The CFPB should change its proposal and allow fintechs and other financial services companies the same freedom to innovate that entrenched large banks already enjoy.

California regulators are suggesting that programs that allow workers fee-free access to their earnings between pay periods should be treated as loan products. That's wrong and short-sighted.

A divided Washington needs to come together on an issue of importance to all Americans: improving access to cutting-edge consumer financial services products.

BNPL providers earn most of their money from their merchant partnerships, not late fees, as their critics claim.