Search for: "Rohit Chopra"
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1 Feb 2023, 12:22 pm
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]
18 Jul 2024, 9:05 pm
CFPB Director Rohit Chopra explained that, because most workers receive paychecks after completing their work and many expenses require prepayment, people without substantial savings may be trapped “in cycles of debt. [read post]
28 Mar 2022, 7:49 am
Meanwhile, FTC Chair Lina Khan and former FTC commissioner Rohit Chopra have spoken in favor of the FTC’s competition rulemaking authority, both from a legal and policy perspective. [read post]
25 Jul 2021, 9:05 pm
Supported by fellow FTC Commissioners Rohit Chopra and Rebecca Kelly Slaughter, Chair Khan now has the votes to issue new competition rules that, among other ends, would ban covenants not to compete in employment contracts and prohibit exclusionary or discriminatory practices by large digital platforms. [read post]
26 May 2022, 8:58 am
CFPB Director Rohit Chopra has made payments a top priority, and is looking closely at impacts on competition and the impact of rapid payments innovation on consumers, according to Thomas Ward, a partner at Sidley Austin in Washington who was an enforcement director at the bureau from February 2021 to May 2021. . . . [read post]
17 Jun 2021, 9:45 pm
This majority, however, may be temporary, as current FTC commissioner Rohit Chopra has been nominated to lead the Consumer Financial Protection Bureau. [read post]
17 Jan 2025, 6:00 am
“When people pay for their family expenses using new forms of digital payments, they must be confident that their transactions are not tainted by harmful surveillance or errors,” CFPB Director Rohit Chopra said in a Friday (Jan. 10) press release. [read post]
5 Mar 2024, 5:00 am
And, as it happens, Rohit Chopra, the current CFPB director, served as an FTC commissioner from 2018 right up until he assumed leadership of the CFPB (and perhaps even a bit after that, via “zombie votes”). [read post]
22 Feb 2024, 12:47 pm
(This point was made in a 2021 law review article by former FTC Commissioner Rohit Chopra and current FTC Bureau of Consumer Protection Samuel Levine.) [read post]
13 Sep 2024, 8:26 am
The only thing that comes up of direct relevance to the PSA is 2020 comment, by a single commissioner (then-Commissioner Rohit Chopra) on another regulatory proposal by the USDA. [read post]
11 Oct 2021, 8:16 am
” Khan joined Commissioner Rohit Chopra in issuing a statement that with the rule, the FTC “has activated a broader range of remedies, including the ability to seek redress, damages, penalties, and other relief from those who lie about a Made in USA label. [read post]
28 Jan 2021, 9:34 am
Biden’s earlier financial services regulatory picks include Rohit Chopra to head the Consumer Financial Protection Bureau and Gary Gensler to head the Securities and Exchange Commission. [read post]
3 May 2022, 2:01 pm
Meanwhile, FTC Chair Lina Khan and former FTC Commissioner Rohit Chopra have spoken in favor of the FTC’s competition-rulemaking authority, both from a legal and policy perspective. [read post]
13 Jul 2022, 9:36 am
Proponents of UMC rulemaking, such as former FTC Commissioner Rohit Chopra and current Chair Lina Khan, point to the case as evidence that the commission retains the power to promulgate substantive competition rules, governed only by the Administrative Procedure Act (APA) and, with respect to interpretations of UMC, entitled to Chevron deference. [read post]
28 Apr 2022, 9:15 am
FTC Chair Lina Khan, in an article with former FTC Commissioner Rohit Chopra, argued that the commission has the authority to issue UMC rules pursuant to the Federal Trade Commission Act based on Petroleum Refiners Association v. [read post]
27 Nov 2022, 3:06 pm
” 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]
17 Dec 2021, 11:17 am
“Buy now, pay later is the new version of the old layaway plan, but with modern, faster twists where the consumer gets the product immediately but gets the debt immediately too,” said CFPB Director Rohit Chopra in a statement Thursday. . . . [read post]
17 Dec 2021, 11:17 am
“Buy now, pay later is the new version of the old layaway plan, but with modern, faster twists where the consumer gets the product immediately but gets the debt immediately too,” said CFPB Director Rohit Chopra in a statement Thursday. . . . [read post]
28 Dec 2023, 9:05 pm
In lieu of our regular Friday feature—”the Week in Review”—The Regulatory Review is today recapping some of the top regulatory news from the past year, including major U.S. [read post]
31 Mar 2024, 9:01 pm
In recent months, the U.S. banking regulators have proposed policy statements focused on providing greater insight on the agencies’ review of bank mergers and acquisitions under the Bank Merger Act (BMA).[1] On January 29, 2024, the Office of the Comptroller of the Currency (OCC) published a notice of proposed rulemaking (OCC NPRM) to (1) amend its procedures to eliminate expedited processing and the use of streamlined application forms for bank mergers and (2) adopt a policy statement that… [read post]
