Noisy
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The world is being quietly rearranged by people who write very long documents.

Federal Register · December 10, 2024
The title they went with Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications Noisy translates that to

The US consumer watchdog can now audit payment apps like Apple Pay and Google Pay

What happened
The US consumer financial protection agency can now supervise large digital payment apps. This means companies like Apple, Google, and PayPal will face federal audits and enforcement actions.
Why it matters
Until now, the US consumer watchdog could only supervise banks and credit unions. This rule extends its reach to the big technology companies that now handle billions of digital payments. It means the same consumer protections that apply to traditional banks will now apply to these apps.
The signal
Watch for the first enforcement actions against a major payment app, which will reveal the agency's priorities and how it interprets its new authority.
If you insist
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