Rohit Chopra

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  |  CFPB

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  |  CFPB

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  |  CFPB

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  |  CFPB

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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CFPB Seeks Public Comment on Consumer Protections Regarding Emerging Payments
CFPB Seeks Public Comment on Consumer Protections Regarding Emerging Payments
January 10, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on how existing laws apply to emerging consumer payment mechanisms offered through tech companies and...

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CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints
CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints
January 07, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued consumer reporting agency Experian on Tuesday (Jan. 7), alleging that the company unlawfully failed to properly investigate consumer...

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Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
December 30, 2024  |  Bank Regulation

Recent steps taken by the Federal Deposit Insurance Corporation (FDIC) will help ensure that fund managers are not “improperly influencing” decisions made by FDIC-supervised banks,...

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Trade Associations Sue to Block CFPB Overdraft Rule
Trade Associations Sue to Block CFPB Overdraft Rule
December 12, 2024  |  CFPB

Four trade associations and three banks are pursuing legal action against the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft services, which was released...

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