Rohit Chopra

CFPB Director Calls for Stronger Data Protections
CFPB Director Calls for Stronger Data Protections
October 06, 2023  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and...

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Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
September 07, 2023  |  Mobile Payments

Contactless payments are now coming into contact with federal consumer protection agencies. This, as the U.S. Consumer Financial Protection Bureau (CFPB) on Thursday (Sep. 7)...

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CFPB Director Rohit Chopra Says FDIC Proposal Is ‘Somewhat Weird’
CFPB Director Rohit Chopra Says FDIC Proposal Is ‘Somewhat Weird’
August 29, 2023  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) should review two aspects of its proposed rule to reduce the risk around large bank failures. So said Rohit Chopra, director...

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CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
August 28, 2023  |  CFPB

America’s biggest credit repair companies could be forced to give up telemarketing. That’s according to the Consumer Financial Protection Bureau (CFPB), which announced Monday (Aug. 28) that it had...

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CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
August 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. The CFPB...

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CFPB Could Use Credit Reporting Act Against Data Brokers
CFPB Could Use Credit Reporting Act Against Data Brokers
August 16, 2023  |  CFPB

America’s consumer watchdog wants to crack down on “data brokers” who collect and sell people’s personal information. Speaking at a White House roundtable Tuesday (Aug....

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CFPB to Call for Expansion of Regulation of Tracking and Selling Personal Data
CFPB to Call for Expansion of Regulation of Tracking and Selling Personal Data
August 15, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) will propose new regulations directed at companies that track and sell people’s personal data. The proposal will be announced Tuesday (Aug....

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CFPB Probe Finds Abuse in Auto and Payday Loans
CFPB Probe Finds Abuse in Auto and Payday Loans
July 26, 2023  |  CFPB

America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. The Consumer Financial Protection Bureau (CFPB) released a report Wednesday (July...

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CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023  |  Regulation

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...

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