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Additionally, the Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra stated that the CFPB may revise the bank merger guidelines to scrutinize more closely the effects of large banking consolidations on competition and financial stability. [read post]
A new CFPB director and expectations for increased enforcement After months of uncertainty, on Sept. 30, the Senate confirmed a current FTC Commissioner, Rohit Chopra, as the new Director of the Consumer Financial Protection Bureau (CFPB). [read post]
25 Jul 2019, 9:05 pm by Alana Bevan
In a dissenting statement, Commissioner Rohit Chopra argued that the agreement “does little to change the business model or practices that led to the recidivism” and said that “the grant of immunity for Facebook’s officers and directors is a giveaway. [read post]
10 Sep 2011, 12:59 pm by The Legal Blog
We may notice here the observations of this Court in the case of Rohit Singh (supra) which are as follows :- "A counterclaim, no doubt, could be filed even after the written statement is filed, but [read post]
20 Nov 2024, 9:01 pm by eorozco
The first banking agency leaders up will likely be Consumer Financial Protection Bureau (“CFPB”) Director Rohit Chopra, who from his current post as well as during an earlier stint at the Federal Trade Commission has pursued an aggressive agenda at odds with the incoming administration’s, and beleaguered FDIC Chairman Marty Gruenberg. [read post]
17 Jan 2025, 6:00 am by Michelle
“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]
29 Sep 2022, 9:09 pm by Tori Hawekotte
EDITOR’S CHOICE In an essay in The Regulatory Review, Rohit Chopra, director of the Consumer Financial Protection Bureau, discussed the need for structural deterrents to large financial firms who repeatedly violate the law. [read post]
17 Jun 2021, 9:45 pm by Katelynn Catalano
This majority, however, may be temporary, as current FTC commissioner Rohit Chopra has been nominated to lead the Consumer Financial Protection Bureau. [read post]
21 Jun 2024, 6:00 am by Michelle
CFPB House Hearing: 6 Key TakeawaysPayments Dive – June 18, 2024  Consumer Financial Protection Bureau Director Rohit Chopra answered questions from members of the House Financial Services Committee during a four-hour hearing last Thursday. [read post]
4 Mar 2024, 4:31 am by Daniel J. Gilman
  Chair Khan’s first chief of staff was someone unqualified for most staff positions in the Bureau of Competition (no antitrust experience, no law degree), Bureau of Consumer Protection (still no law degree), or Bureau of Economics (no economics degree) and spent only a short term working in the FTC for Commissioner Rohit Chopra, where she was known for antagonizing FTC staff. [read post]
2 Jul 2020, 1:02 pm by Rob Robinson
The Commission vote to issue the Vertical Merger Guidelines was 3-2, with Commissioner Rohit Chopra and Rebecca Kelly Slaughter voting no. [read post]
11 Nov 2018, 8:02 pm by INFORRM
The IAPP has a podcast interviewing Federal Trade Commissioner Rohit Chopra. [read post]
30 Oct 2024, 9:01 pm by renholding
The Rule, also referred to as the “open banking rule,” has been a key priority of CFPB Director Rohit Chopra’s rulemaking agenda, and according to the CFPB and Director Chopra, aims to give consumers greater rights over their personal financial data and promote competition and consumer choice in financial products and services. [read post]
26 Apr 2022, 6:00 am by Lawrence J. Spiwak
For example, in 2020, she co-authored an essay with her former boss (and later briefly her FTC colleague) Rohit Chopra in the University of Chicago Law Review titled “The Case for ‘Unfair Methods of Competition’ Rulemaking. [read post]
28 Mar 2022, 7:49 am by Guest Author
  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]
21 Nov 2024, 9:05 pm by eorozco
Director Rohit Chopra can be removed from the Consumer Financial Protection Bureau (CFPB) without cause following the Supreme Court’s 2020 ruling in Seila Law LLC v. [read post]
6 May 2020, 4:51 pm by Doyle, Barlow & Mazard PLLC
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]
5 May 2023, 10:24 am by Daniel J. Gilman
” Two commissioners—Rebecca Slaughter and Rohit Chopra—dissented: they thought the unprecedented remedies inadequate. [read post]
22 Nov 2021, 12:27 pm by Lori J. Sommerfield
  Although the DOJ officials’ remarks largely reflected the press release concerning the new anti-redlining initiative, a few new revelations came to light related to both DOJ’s initiative and the CFPB’s general and fair lending priorities under its new Director Rohit Chopra. [read post]
22 Jul 2022, 8:55 am by Zak Gowen
CFPB’s Chopra Reminds Payments Players They’re in His SightsPayments Dive – July 14, 2022 Consumer Financial Protection Bureau Director Rohit Chopra reminded players in the payments and banking industries this week that some of them are in his agency’s cross-hairs. [read post]