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Rohit Chopra: FDIC Should Review More Changes in Bank Control
PYMNTS.com· 7 days agoThe Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any...
HSA account holders hurt by high fees, low yields — CFPB
Pensions & Investments· 20 hours ago“Health savings accounts typically offer low interest yields,” said Rohit Chopra, the CFPB’s director, in a news release accompanying an agency report analyzing ...
FDIC tables asset manager proposal
Banking Dive via Yahoo Finance· 6 days agoMcKernan, with support from FDIC Vice Chairman Travis Hill, proposed that the regulator set up and run a compliance...
Can Medical Debt Hurt Your Credit Record? What You Need To Know
Forbes· 1 day agoBill collectors were threatening consumers by saying overdue debts will hurt their credit ratings....
Proposed update to FDIC’s Change in Bank Control Act fails to advance
Compliance Week· 3 days agoThe draft proposal, put forward Thursday by Rohit Chopra, director of the Consumer Financial...
JD Supra: CFPB, federal and state agencies to enhance tech capabilities
JD Supra· 18 hours agoOn March 26, the CFPB announced as a part of a coordinated statement with other federal and state agencies, the intent to enhance its technological capabilities. As part of this initiative, ...
Apple, Google and Venmo fight new U.S. plan to monitor payment apps
Washington Post via Yahoo Finance· 21 hours agoThe U.S. government is weighing whether to treat Apple, Google and PayPal-owned Venmo more like...
US regulator pauses plans to scrutinize asset manager stakes in banks
MSN News· 7 days agoBy Pete Schroeder WASHINGTON (Reuters) -A top U.S. bank regulator on Thursday shelved a vote to...
15 million Americans have medical bills on credit reports: CFPB
Retail Banker International via Yahoo Finance· 3 days ago“Findings from our latest research reveal the impact of these changes and the need for further...
CFPB and DOT Hosting Joint Hearing on Credit Card and Airline Rewards Programs | JD Supra
JD Supra· 3 days agoIn furtherance of the Biden Administration’s “junk fee” agenda, on Thursday, May 9, 2024, the Consumer Financial Protection Bureau and the U.S....