Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

PayPal’s Effort To “Fine” People For Misinformation Was So Bad Even A Dem-Headed Government Agency Is Investigating

by October 13, 2022
October 13, 2022
PayPal’s Effort To “Fine” People For Misinformation Was So Bad Even A Dem-Headed Government Agency Is Investigating

PayPal put out a new policy which would fine users $2,500 dollars if they were found promoting misinformation.

Then, they walked it back.

A spokesperson said the policy went out in error and the company would not be fining people for misinformation.

The Gateway Pundit previously reported:

After major backlash, PayPal reversed course and said they will not be fining people $2,500 for spreading ‘misinformation.’

In its newly updated policy, PayPal announced it will begin fining users $2,500 directly from their accounts if they are found to be spreading “misinformation.”

In 2020, PayPal changed its policy and users were compelled to agree to a $2,500 PayPal fine if they violated the PayPal acceptable use policy.

On September 26th, the financial service announced some changes to certain agreements.

The Consumer Financial Protection Bureau is now investigating.

CNBC reported:

That hasn’t stopped the head of the federal government’s top consumer watchdog agency from keeping a close eye on these developments and looking into how major financial technology firms dictate how consumers engage with their platform, what constitutes a violation, and what the repercussions, including damages or fines, will be.

Consumer Financial Protection Bureau chief Rohit Chopra is concerned about Paypal fining users.

He is running the Consumer Financial Protection Bureau started by Elizabeth Warren — and got no GOP votes to confirm him.

Partial Transcript below:

Well this is different. Consumer Financial Protection Bureau chief Rohit Chopra is concerned about PayPal and big tech kicking people off their platforms and/or fining them for lawful behavior. @chopracfpb pic.twitter.com/yptvU89emE

— Matt Stoller (@matthewstoller) October 12, 2022

From the video:

“I’ve never actually heard of a payment system thinking they could fine someone for legal expression that their users are making…We have ordered most of the big tech firms and payment companies to provide us with information about how are they making decisions about who they take off their platforms but we also have to look into whether they believe they can be fining users for legal activity.”

It’s time to take a stand against Big Tech censorship!

For the antidote to media bias, check out ProTrumpNews.com!

The post PayPal’s Effort To “Fine” People For Misinformation Was So Bad Even A Dem-Headed Government Agency Is Investigating appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
The Curious Case Of the US Dept. of Defense Contract Signed During Obama Presidency, Konnech and Overseas Voters
next post
Developing: Lauren Boebert Opponent Caught Having Affair in Storage Locker – Then Sold Out His Vote After He Was Caught

You may also like

Boebert’s sudden nomination change for House speaker gains...

January 6, 2023

Christie stands by FBI director and calls out...

July 10, 2023

Trump to formally accept Republican presidential nomination in...

July 18, 2024

Dems who lashed out at Trump for being...

February 7, 2025

GOP Congressman from Florida – “Felony For Publishing...

December 17, 2022

How Is This Legal? Scientists In London Lab...

October 31, 2022

AG Pam Bondi says FBI delivered ‘truckload’ of...

March 4, 2025

Steve Bannon and Dave Walsh: EU Agrees for...

November 19, 2022

Minneapolis City Council to discuss potential settlement in...

March 30, 2023

Trump hits DeSantis on abortion, suggests 6-week abortion...

May 15, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Friday Feature: Thales Academy

      August 1, 2025
    • Trump ends de minimis tariff exemption, hitting UK exporters and global e-commerce

      August 1, 2025
    • Aston Martin sells F1 team stake for $146m amid financial struggles

      August 1, 2025
    • China’s growing nuclear arsenal aims to break US alliances and dominate Asia, report warns

      August 1, 2025
    • Kavanaugh cites 3 presidents in explaining Supreme Court’s ballooning emergency docket

      August 1, 2025
    • Supreme Court ruling blocks car finance payouts for millions of consumers

      August 1, 2025

    Categories

    • Business (8,651)
    • Investing (2,167)
    • Politics (16,275)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved