CFPB Director Rohit Chopra explains how the bureau’s recent big moves are tied to his views on the functioning and regulation of consumer financial markets and products.

Senate Republicans believe the bureau under Director Rohit Chopra has adopted an arrogant regulatory ethos.

The 11th Circuit Court of Appeals found that a plaintiff alleging a Federal Debt Collection Practices Act violation had to prove concrete harm, not just a statutory violation, to have standing.

CFPB Director Rohit Chopra has directed bureau staff to look into possible rules for buy now, pay later products in five areas.

While the CFPB has no plans to restrain the use of forced arbitration clauses, Director Rohit Chopra is open to the idea.

The CFPB is hiring for the technical implementation of the project, and vendors are introducing compliance products.

The CFPB said the company hadn’t met any of its self-imposed deadlines to provide information regarding how it handles consumer disputes. Block operates popular peer-to-peer payments service Cash App.

The CFPB said it would no longer tolerate nursing homes requiring caretakers to take on a prospective nursing home resident’s costs of care as a condition of admission.

Banking trade groups contend that the Fair Credit Reporting Act shouldn’t be read to hold credit reporting agencies responsible for incorrect information if the data comes directly from a furnisher.

Banking trade groups believe the bureau’s plan to regulate customer service practices is an overreach and could drive consumer distrust in safe and sound financial institutions.