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5 May 2023, 10:24 am
” Two commissioners—Rebecca Slaughter and Rohit Chopra—dissented: they thought the unprecedented remedies inadequate. [read post]
27 Apr 2023, 3:30 am
Department of Justice’s Civil Rights Division Assistant Attorney General Kristen Clarke, Consumer Financial Protection Bureau Director Rohit Chopra, and Federal Trade Commission Chair Lina Khan released their joint statement outlining a commitment to enforce their respective laws and regulations to promote responsible innovation in automated systems. [read post]
24 Apr 2023, 9:01 pm
On April 3, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued a policy statement regarding what constitutes an “abusive” act or practice (the “Policy Statement”).[1] The Policy Statement outlines the CFPB’s approach to analyzing whether an act or practice may be abusive and provides examples, which the Policy Statement also notes may be used by state attorneys general or other agencies that are authorized to enforce the prohibition on… [read post]
18 Apr 2023, 2:00 am
Today, April 18, 2023, DEP Commissioner Rohit Aggarwala spoke at the 186th CityLaw Breakfast. [read post]
14 Apr 2023, 2:00 am
The Center for New York City Law and Professor Ross Sandler, Director cordially invite you to the 186th CityLaw Breakfast Featuring Speaker Rohit Aggarwala, Commissioner, Department of Environmental Protection Speaking on: What Should Earth Day Mean for NYC? [read post]
11 Apr 2023, 12:58 pm
On April 11, 2023, the Consumer Financial Protection Bureau Director Rohit Chopra spoke with the Washington Post regarding the banking industry after the failure of Silicon Valley Bank. [read post]
3 Apr 2023, 8:02 am
In a few hours, I'll have the pleasure of hosting CFPB Director Rohit Chopra for a virtual talk at UCI Law (today at 12pm PDT, 3pm PDT). [read post]
31 Mar 2023, 8:40 am
In a letter to CFPB Director Rohit Chopra dated March 22, the three urge the bureau to bring big BNPL lenders under its watch to “better protect consumers from unfair, deceptive and abusive acts and practices. [read post]
16 Mar 2023, 2:00 am
On March 15, 2023, Mayor Eric Adams, New York City Department of Environmental Protection Commissioner Rohit T. [read post]
7 Mar 2023, 9:05 pm
The CFPB intends its latest guidance to help both businesses and the families that they serve, according to CFPB Director Rohit Chopra. [read post]
7 Mar 2023, 5:56 am
As CFPB Director Rohit Chopra noted in the press release accompanying the report, this analysis shows that BNPL borrowers are more likely to use other credit products, which suggests that BNPL may indeed not lack access to other forms of credit. [read post]
9 Feb 2023, 1:49 pm
“The game is sometimes rigged when companies that operate comparison-shopping platforms coerce payments to skew the offers presented to consumers instead of acting as fair referees,” said CFPB Director Rohit Chopra in a statement. [read post]
6 Feb 2023, 5:59 am
Rohit Gupta, systems architect, Congress.gov: I loved working with Margaret over the years through her involvement with Congress.gov as a subject matter expert. [read post]
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]
31 Jan 2023, 2:00 am
On January 30, 2023, Mayor Eric Adams and NYC Department of Environmental Protection Commissioner Rohit T. [read post]
26 Jan 2023, 9:02 am
Fudge, CFPB Director Rohit Chopra, and FHFA Director Sandra Thompson also participated in the hearing.... [read post]
24 Jan 2023, 9:05 pm
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
“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]
4 Jan 2023, 1:37 pm
Susman Godfrey Elects Rohit Nath, ’14, and Nick Spear, ‘14, to Partner ekinczewski Wed, 01/04/2023 - 15:37 Read more about Susman Godfrey Elects Rohit Nath, ’14, and Nick Spear, ‘14, to Partner Susman Godfrey Susman Godfrey Gives Associates Market-Leading Bonuses, Welcomes Seven New Partners Across All Four Offices [read post]
28 Dec 2022, 9:05 pm
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]
