A Democratic congressman is seeking a federal investigation into the "rent now, pay later" industry. This industry has been growing and becoming more widely available. The congressman's concern is that Americans may not fully understand the fees and costs associated with these services.

Further details about the investigation and the congressman's concerns are available from the source. The request for an investigation was made by Rep. Maxwell Frost, a Democrat from Florida.

The investigation would be conducted by the CFPB, a federal agency, if the request is approved.