Search for: "Rohit Chopra" Results 61 - 80 of 364
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1 Feb 2023, 12:22 pm by anne
CFPB Director Rohit Chopra summed it up, “Wells Fargo’s rinse-repeat cycle of violating the law has harmed millions of American families. [read post]
26 Jan 2023, 9:02 am by Loran Kilson
Fudge, CFPB Director Rohit Chopra, and FHFA Director Sandra Thompson also participated in the hearing.... [read post]
24 Jan 2023, 9:05 pm by Andrew Kliewer
CFPB Director Rohit Chopra has indicated support for targeting the disclosure requirement at larger financial institutions, citing the need to keep community banks profitable and promote continued competition in the financial sector. [read post]
24 Jan 2023, 9:02 pm by Trevor Kirby
“The proposed registry will help the CFPB, the law enforcement community, and the public limit the harms from repeat offenders,” said CFPB Director Rohit Chopra, “Often you have an entity that violates the law in one state and picks up and moves to someplace else. [read post]
28 Dec 2022, 9:05 pm by Series of Essays
  Reining in Repeat Offenders September 26, 2022 In this series of essays, Rohit Chopra, the Director of the Consumer Financial Protection Bureau, drew on his 2022 Distinguished Lecture on Regulation at the University of Pennsylvania to argue that large institutions have repeatedly violated the law and past orders, and federal regulators should seek structural remedies that change businesses structures or alter their incentives. [read post]
CFPB Director Rohit Chopra stated, “Wells Fargo’s rinse-repeat cycle of violating the law has harmed millions of American families. [read post]
12 Dec 2022, 11:51 am by Alan S. Kaplinsky
This Wednesday, December 14, CFPB Director Rohit Chopra is scheduled to appear before the House Financial Services Committee for a hearing, “Consumers First: Semi-Annual Report of the Consumer Financial Protection Bureau. [read post]
At this week’s National Association of Attorneys General Capital Forum, FTC Chair Lina Khan and CFPB Director Rohit Chopra addressed state AGs and their staff on a number of pressing issues, including antitrust, enforcement authority, privacy and other priorities. [read post]
27 Nov 2022, 3:06 pm by Adam White
”  Take, for example, current CFPB Director Rohit Chopra’s latest financial report: he describes the CFPB as “an independent, non-appropriated bureau,” and then states (twice) that funds transferred from the Federal Reserve to the CFPB “are not government funds or appropriated funds. [read post]
21 Nov 2022, 5:26 am by Unknown
One year after being sworn in as the third director of the CFPB, Rohit Chopra’s tenure thus far signals a 180-degree turn from the business-friendly Bureau of its last director back to the Richard Cordray era of supervision and enforcement. [read post]
18 Nov 2022, 11:31 am by Kalvis Golde
Community Financial Services Association of America, the CFPB and its current director, Rohit Chopra, ask the justices to reverse the 5th Circuit’s decision. [read post]
11 Nov 2022, 4:51 am by Eric Rosenkoetter
On Oct. 25, 2022, the Director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, announced at a fintech conference that the CFPB “will launch the process to activate a dormant authority under Section 1033 of the Consumer Financial Protection Act . . . [read post]
10 Nov 2022, 7:08 pm by Sabrina I. Pacifici
“Our analysis of consumer complaints suggests that bad actors are leveraging crypto-assets to perpetrate fraud on the public,” said CFPB Director Rohit Chopra. [read post]
9 Nov 2022, 4:05 pm by Donnelly L. McDowell
The CFPB – with former FTC Commissioner Rohit Chopra at the helm – has previously led the charge against “junk fees. [read post]
31 Oct 2022, 9:37 am by Kristen E. Larson
On October 26, 2022, President Biden appeared at the White House with Rohit Chopra, CFPB Director, and Lina Khan, FTC Chair, to announce that his Administration is taking action to eliminate all “junk fees,” such as fees for deposited checks that are returned unpaid, surprise banking overdraft fees, hidden hotel booking fees and termination charges to stop people from changing cable plans. [read post]
27 Oct 2022, 10:48 am by Brian Turetsky
  In a March 2020 statement about the FTC’s settlement with Liberty Chevrolet, then-FTC Commissioner Rohit Chopra stated “…the alleged conduct is illegal under the [ECOA], but it also violates the FTC Act’s prohibition on unfair practices. [read post]
26 Oct 2022, 11:35 am by Odia Kagan
“When a consumer permits their private data to be used by a company for a specific purpose, it is not a free pass for a firm to exploit the data for other uses, no matter what the legal mouse-print may say,” Rohit Chopra, the Consumer Financial Protection Bureau director, said at Money 20/20. [read post]
25 Oct 2022, 11:13 am by Kristen E. Larson
.), and Alex Padilla (D-Calif.) sent a letter to CFPB Director Rohit Chopra to request that the Remittance Rule be modified to require transfer providers to disclose the true cost of remittance payments so consumers can comparison shop. [read post]
15 Oct 2022, 9:57 am by Tom Smith
” Consumer Financial Protection Bureau Director Rohit Chopra told CNBC suggested that the policy, which PayPal said over the past weekend was issued in error, was too extreme. [read post]