Rohit Chopra

Ex-CFPB Director Chopra Says ‘Big Tech’ Shouldn’t Issue Stablecoins

Ex-CFPB Director Chopra Says ‘Big Tech’ Shouldn’t Issue Stablecoins
Ex-CFPB Director Chopra Says ‘Big Tech’ Shouldn’t Issue Stablecoins
May 29, 2025  |  Cryptocurrency

Does the U.S. consumer have a potential stablecoin problem? Rohit Chopra, who was the third director of the Consumer Financial Protection Bureau (CFPB) and previous...

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Timeline: Administration Efforts to Dismantle the CFPB
Timeline: Administration Efforts to Dismantle the CFPB
May 27, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has faced an unprecedented period of upheaval since the transition from the Biden to the Trump administration in January...

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CFPB Drops Lawsuit Against Walmart and FinTech Company Branch
CFPB Drops Lawsuit Against Walmart and FinTech Company Branch
May 13, 2025  |  Retail

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Walmart and Branch that it filed in December. The agency filed a notice of...

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CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach...

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Justice Department Says CFPB Will Be Streamlined, Not Dismantled
Justice Department Says CFPB Will Be Streamlined, Not Dismantled
February 25, 2025  |  Legal & Regulation

Justice Department attorneys reportedly said late Monday (Feb. 24) in court filings that the Trump administration plans to streamline, not dismantle, the Consumer Financial Protection...

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Proposed Congressional Resolutions Aim to Overturn CFPB’s Overdraft Rule
Proposed Congressional Resolutions Aim to Overturn CFPB’s Overdraft Rule
February 13, 2025  |  Bank Regulation

Congressional Review Act (CRA) resolutions introduced Thursday (Feb. 13) in the U.S. House and Senate would overturn the Consumer Financial Protection Bureau’s (CFPB) final rule...

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CFPB Director Chopra Fired by Trump
CFPB Director Chopra Fired by Trump
February 02, 2025  |  Legal & Regulation

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra was fired by President Donald Trump on Saturday (Feb. 1) morning. Chopra was notified of the move...

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CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
January 13, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in...

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