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Proposed update to FDIC’s Change in Bank Control Act fails to advance
Compliance Week· 7 days agoThe draft proposal, put forward Thursday by Rohit Chopra, director of the Consumer Financial...
Consumer Financial Protection Bureau (CFPB) Finds 15 Million Americans Have Medical Bills on Their...
Sierra Sun Times· 9 hours agoWASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) has released research showing that 15 million Americans still have medical bills on their credit reports despite changes by ...
‘Too Big to Fail’ Banks Have Unfair Advantage, CFPB Chief Says
Bloomberg· 2 days agoThe US banking landscape needs to be more of a level playing field, as fewer financial choices means...
CFPB Takes on Credit Card Industry in Court
MSN News· 3 days agoRohit Chopra, director of the Consumer Financial Protection Bureau, talks about new rules that cap credit card late fees at $8. He says the credit card ...
JD Supra: Attorney General Alliance Meeting Recap: Focus on Director Chopra’s Remarks
JD Supra· 2 days agoLast week, state attorneys general (AGs) gathered to discuss Nevada Attorney General and Attorney General Alliance Chair Aaron Ford’s Initiative, focusing on consumer protection education. Director ...
CFPB and DOT Hosting Joint Hearing on Credit Card and Airline Rewards Programs | JD Supra
JD Supra· 7 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....
PayPal off hook in CFPB probe into Venmo fund transfers
Compliance Week· 4 days agoIn March, the CFPB told PayPal it was concluding its inquiry without taking action, the company said...
15 million Americans have medical bills on credit reports: CFPB
Retail Banker International via Yahoo Finance· 6 days ago“Findings from our latest research reveal the impact of these changes and the need for further...
HSA account holders hurt by high fees, low yields — CFPB
Pensions & Investments· 4 days 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 ...
Wells Fargo says US authorities probing Zelle disputes
Banking Dive via Yahoo Finance· 2 days agoJPMorgan also said it was responding to civil and government authorities’ inquiries regarding...