Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X

Published On Mar 7, 2025, 10:00 AM

Senator Richard Blumenthal has requested detailed information from Visa regarding its partnership with Elon Musk's social media platform X (formerly Twitter). This inquiry is centered around Visa's role in facilitating payment services on X, particularly in light of concerns related to consumer protection and Musk's influence over the Consumer Financial Protection Bureau (CFPB). Blumenthal raised alarms about potential conflicts of interest and the likelihood of financial scams associated with X's new payment system, questioning how effectively Visa can manage financial crime as the network for such transactions. The senator's request signals a growing scrutiny of Visa following its announcement to support peer-to-peer payments on X.