Rohit Chopra

CFPB Aims to Apply Privacy Protections to Data Brokers
CFPB Aims to Apply Privacy Protections to Data Brokers
September 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) will soon propose a rule that would apply privacy protections to data brokers, CFPB Director Rohit Chopra said Thursday...

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CFPB to Issue FAQs Helping BNPL Lenders Comply With Laws
CFPB to Issue FAQs Helping BNPL Lenders Comply With Laws
August 23, 2024  |  BNPL

Buy now, pay later (BNPL) lenders will soon be able to access a set of frequently asked questions (FAQs) to help them comply with federal...

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House Republicans Slam CFPB’s Medical Bill Proposal
House Republicans Slam CFPB’s Medical Bill Proposal
August 15, 2024  |  Consumer Finance

House Republicans are attacking a proposal that would remove medical bills from consumer credit reports. The Consumer Financial Protection Bureau (CFPB) issued its proposed rule...

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CFPB: Credit Repair Cloud Let Companies Collect Illegal Fees
CFPB: Credit Repair Cloud Let Companies Collect Illegal Fees
August 08, 2024  |  CFPB

Since 2013, Credit Repair Cloud has sold software and products to credit repair businesses. But according to the Consumer Financial Protection Bureau (CFPB), the company and its CEO also...

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CFPB Proposes Rule Requiring Mortgage Servicers to Help Struggling Homeowners
CFPB Proposes Rule Requiring Mortgage Servicers to Help Struggling Homeowners
July 10, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) aims to require mortgage servicers to do more to help struggling homeowners before foreclosing. The regulator issued a proposed...

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CFPB Finds Failures in Loan Collection and Medical Credit Cards
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024  |  CFPB

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer...

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FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
June 21, 2024  |  Bank Regulation

Last year marked a seismic shift in financial services — as five bank failures tested the ways and means at the disposal of government and...

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At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are...

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McHenry Says CFPB Proposal Would ‘Severely Impair’ Credit Report Accuracy
McHenry Says CFPB Proposal Would ‘Severely Impair’ Credit Report Accuracy
June 11, 2024  |  CFPB

House Financial Services Committee (HFSC) Chairman Patrick McHenry, R-N.C., condemned a proposed rule announced Tuesday (June 11) by the Consumer Financial Protection Bureau (CFPB), saying...

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