Search for: "Rohit Chopra"
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6 May 2020, 4:51 pm
Commissioner Chopra and Slaughter‘s Dissents Commissioners Rohit Chopra and Rebecca Slaughter, the two Democrats, continue to call for a fundamentally different approach to analyzing pharma mergers especially when the merger combines two firms that have engaged in a laundry list of egregious anticompetitive practices that have resulted in higher prices and less consumer choice. [read post]
18 Feb 2014, 5:08 am
Also included in the GAO’s report was a letter from CFPB Student Ombudsman Rohit Chopra describing the CFPB’s efforts to increase transparency. [read post]
9 Jun 2014, 5:27 am
The Senate Budget Committee held a hearing titled “The Impact of Student Loan Debt on Borrowers and the Economy,” which included testimony from the CFPB’s Student Loan Ombudsman Rohit Chopra. [read post]
13 May 2019, 7:57 am
The forum consisted of three panels: (1) Overview of the Small Business Financing Marketplace, (2) Case Study on Merchant Cash Advances, and (3) Consumer Protection Risks and the Path Ahead, along with the opening remarks of FTC Commissioner, Rohit Chopra, and closing remarks from FTC Bureau of Consumer Protection Director, Andrew Smith. [read post]
28 Jan 2021, 11:35 am
President Biden’s inauguration on January 20 has quickly brought leadership change to the CFPB with the appointment of David Uejio to serve as Acting Director and the nomination of Rohit Chopra to serve as Director. [read post]
2 Feb 2015, 9:48 am
According to a blog post by Rohit Chopra (the CFPB’s Student Loan Ombudsman), the CFPB has sent the requests to check on the progress lenders and servicers have made since last year’s meeting in developing “more options to help borrowers avoid default and increase the likelihood of full repayment. [read post]
13 Oct 2021, 4:34 pm
This strategy was presaged by FTC Commissioner Rohit Chopra and Consumer Protection Director Samuel Levine in an October 2020 article, “The Case for Resurrecting the FTC Act’s Penalty Offense Authority. [read post]
16 Dec 2022, 7:33 am
CFPB Director Rohit Chopra denied the petition. [read post]
16 Jul 2022, 4:50 am
According to the Chamber, the FTC counted the votes of its former commissioner Rohit Chopra even after he had left the FTC. [read post]
20 Aug 2012, 2:00 am
Senate Banking subcommittee, Rohit Chopra, student loan ombudsman for the Consumer Financial Protection Bureau, testified that borrowers struggling with private student loan debt would benefit from refinancing options. [read post]
25 Oct 2019, 11:01 am
Commissioners Rohit Chopra and Rebecca Kelly Slaughter voted against the settlement, and issued a separate statement in which they expressed concern that the proposed settlement does not go far enough in light of Sunday Riley’s behavior. [read post]
29 Apr 2021, 7:10 am
The four FTC Commissioners who testified at the hearing were: Rebecca Kelly Slaughter, who currently serves as Acting Chairwoman, Noah Phillips, Rohit Chopra, and Christine Wilson. [read post]
17 Aug 2022, 9:01 pm
In remarks released the same day, CFPB Director Rohit Chopra elaborated on the interpretive rule.[4] In his remarks, he noted the “growing interest from Big Tech companies to find new ways to harvest and monetize our personal financial data” and described the Department of Housing and Urban Development’s 2019 suit against Facebook alleging that Facebook violated the Fair Housing Act by helping advertisers limit the audience for ads and target specific groups… [read post]
27 Mar 2013, 9:30 pm
Rohit Chopra, the CFPB Student Loan Ombudsman, stated that “heavy debt from student loans has a domino effect on the economy. [read post]
19 Jan 2021, 6:23 am
In a joint statement, Commissioners Rohit Chopra and Rebecca Kelly Slaughter warned that “when it comes to addressing the deeper structural problems in this marketplace that threaten both gamers and developers, the Commission will need to use all of its tools — competition, consumer protection, and data protection — to combat middlemen mischief, including by the largest gaming gatekeepers. [read post]
8 Apr 2021, 7:40 am
With both Acting Director Uejio and Director-nominee Rohit Chopra having identified unlawful debt collection practices as a CFPB priority target, debt collectors should expect even greater scrutiny from the CFPB in 2021. [read post]
11 Aug 2022, 9:58 am
“When Big Tech firms use sophisticated behavioral targeting techniques to market financial products, they must adhere to federal consumer financial protection laws,” CFPB Director Rohit Chopra said in a statement. [read post]
5 Mar 2019, 6:48 am
These are serious consequences, but Commissioners Rohit Chopra and Rebecca Kelly Slaughter issued a statement suggesting that the FTC could have gone further: “When any company appears to have a made a business decision to violate or disregard the law, the Commission should identify and investigate those individuals who made or ratified that decision and evaluate whether to charge them. [read post]
18 Feb 2020, 2:05 pm
In a concurring statement, Commissioner Rohit Chopra expressed that the FTC needs to take “bold steps to safeguard” the digital economy in this new age of influencer marketing and indicated that the role of large advertisers and social media platforms will be under the microscope. [read post]
14 Oct 2021, 7:35 am
As we previously wrote, former FTC Commissioner Rohit Chopra had championed the use of this authority and identified for-profit colleges as one possible industry for use of this enforcement tool, while identifying other targets like multilevel marketing programs, gig economy networks, and fake review and influencer fraud. [read post]
