Mehul Madia

Mehul Madia

Sheppard Mullin Richter & Hampton LLP

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CFPB Terminates Investigation Into BNPL Firearms Financing Provider, Citing Political Bias

On August 19, 2025, the CFPB announced that it had closed a multi-year investigation into a fintech company offering buy-now, pay-later financing for firearms. The Bureau stated that the matter would not proceed to settlement...more

8/22/2025  /  Bias , Buy Now Pay Later (BNPL) , Constitutional Challenges , Consumer Financial Protection Bureau (CFPB) , Enforcement Actions , Executive Orders , FinTech , First Amendment , Second Amendment , State Attorneys General
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