CFPB

Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt

Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  CFPB

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

READ MORE >
Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times More Likely To Default
Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times...
February 08, 2021  |  News

In today’s top news, Oscar Health filed for an IPO, and Robinhood borrowers are 14 times more likely to default on loans. Plus, Hyundai denied...

READ MORE >
Biden’s CFPB Focuses On Debt Collection As Early Priority
Biden’s CFPB Focuses On Debt Collection As Early Priority
February 08, 2021  |  CFPB

Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. Get the Full Story Complete the...

READ MORE >
PayPal Cooperating With CFPB On Venmo Investigation
PayPal Cooperating With CFPB On Venmo Investigation
February 05, 2021  |  Digital Payments

PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told...

READ MORE >
Biden To Name Dave Uejio Acting Head Of CFPB
Biden To Name Dave Uejio Acting Head Of CFPB
January 21, 2021  |  Legal & Regulation

After the director of the Consumer Financial Protection Bureau (CFPB) resigned to follow the wishes of the new administration, the White House said President Joe Biden would...

READ MORE >
Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto
Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick...
January 21, 2021  |  News

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is...

READ MORE >
Biden Asks Consumer Protection Chief Kraninger To Step Down
Biden Asks Consumer Protection Chief Kraninger To Step Down
January 20, 2021  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. 20) at the request of U.S. President Joe Biden, newly sworn...

READ MORE >
Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP Extends $5 Billion During First Week
Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP...
January 20, 2021  |  News

In today’s top news, Jack Ma made his first appearance in three months to speak to rural teachers in China, and the new round of...

READ MORE >