Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk's X
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Senator Richard Blumenthal has requested Visa to provide detailed plans and documents regarding its payments services deal with Elon Musk's social media platform, X. The request is partly due to Musk's influence on the CFPB.
March 07, 2025 | 3:15 pm
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Visa is under scrutiny by Sen. Blumenthal for its payments deal with Elon Musk's X, due to concerns over Musk's influence on the CFPB.
Visa's partnership with Elon Musk's X is being questioned by Sen. Blumenthal, which could lead to regulatory scrutiny. However, the immediate financial impact on Visa is uncertain, leading to a neutral short-term price direction.
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