Rohit Chopra

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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Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered federal supervision of Google on Friday (Dec. 6) after a contested designation. Get the Full Story Complete the form...

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CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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CFPB Files Proposed Settlement With Student Lender Climb Credit
CFPB Files Proposed Settlement With Student Lender Climb Credit
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a proposed order for settling its lawsuit against student lender Climb Credit and its investors, including 1/0....

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Chopra Calls for Deposit Insurance Reform Following Okla. Bank Failure
Chopra Calls for Deposit Insurance Reform Following Okla. Bank Failure
November 18, 2024  |  Bank Regulation

America’s top consumer watchdog is calling for deposit insurance reform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
October 28, 2024  |  CFPB

The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs —...

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FinTech Association Sues CFPB; Says BNPL Rule ‘Oversteps Legal Bounds’
FinTech Association Sues CFPB; Says BNPL Rule ‘Oversteps Legal Bounds’
October 20, 2024  |  Buy Now Pay Later

The Financial Technology Association (FTA) has filed a lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB) final interpretive rule on pay-in-four buy now, pay later...

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