Rohit Chopra

CFPB’s Chopra Eyes Big Tech’s Payments Efforts and Stablecoin Risks for Review
CFPB’s Chopra Eyes Big Tech’s Payments Efforts and Stablecoin Risks for Review
April 04, 2023  |  CFPB

The words “systemic” and “risk” have been on everyone’s lips in the past few weeks. And for Big Tech, at least, the regulatory gaze will...

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CFPB Issues Warning to ‘Abusive’ Consumer Finance Firms
CFPB Issues Warning to ‘Abusive’ Consumer Finance Firms
April 03, 2023  |  CFPB

The Consumer Financial Protection Bureau is reminding lenders of its 13-year-old rule against “abusive” conduct. The CFPB issued a policy statement Monday (April 3) explaining...

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CFPB Goes After Data Brokers
CFPB Goes After Data Brokers
March 16, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has begun an investigation into companies that track and collect consumer data. The watchdog group said it “wants to...

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CFPB Unearths Junk Fees in Mortgages and Auto Loans
CFPB Unearths Junk Fees in Mortgages and Auto Loans
March 08, 2023  |  CFPB

America’s consumer protection watchdog says an examination has uncovered illegal fees in several industries. The Consumer Financial Protection Bureau (CFPB) announced Wednesday (March 8) that...

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CFPB Wants Information About Consumer Credit Cards
CFPB Wants Information About Consumer Credit Cards
January 24, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is asking consumers and others about their experiences with credit cards. The information is to be used in a...

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CFPB Seeks $1B+ in Fines From Wells Fargo
CFPB Seeks $1B+ in Fines From Wells Fargo
November 06, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) wants Wells Fargo to pay more than $1 billion for alleged mistreatment of customers, a settlement that would surpass...

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CFPB Boss Racks Up Enforcements as Second Year Begins
CFPB Boss Racks Up Enforcements as Second Year Begins
September 30, 2022  |  CFPB

The head of the country’s consumer financial enforcement agency is closing out its first year at the helm showing banks, FinTechs, lenders, mortgage brokers and...

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CFPB Says Consumers at Risk From BNPL Over-Extension
CFPB Says Consumers at Risk From BNPL Over-Extension
September 15, 2022  |  Regulation

For buy now, pay later (BNPL), heady growth demands some new guardrails. The Consumer Financial Protection Bureau report, “Buy Now, Pay Later: Market trends and...

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CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
September 15, 2022  |  CFPB

Speaking at a virtual event for the anniversary of a watchdog group, the Consumer Financial Protection Bureau (CFPB) boss took the opportunity to address a...

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