CFPB Drops Lawsuit Against Banks Over Zelle Scams

CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
He Fought Claims of Harm From Infant Formula. Now He Regulates It.

He Fought Claims of Harm From Infant Formula. Now He Regulates It.

Kyle Diamantas, a former corporate lawyer, is the new director for the F.D.A. food division, which oversees infant formula. He defended a top maker in cases claiming the company had not warned of potential risks to very low-weight babies.