The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
Dozens of individuals have already been charged by federal prosecutors for their alleged roles in defrauding taxpayer-funded Minnesota state programs of billions of dollars....
Washington’s latest budget standoff broke just before the damage could deepen, but lawmakers immediately found themselves staring down another deadline....