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Home » Topics » Inside the CFPB » Bureau Administration

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Republicans Grill Chopra Over Procedure, Informal Guidance

June 26, 2023
Sam Manas
Republicans in the Senate and House pressed CFPB Director Rohit Chopra on his authority to issue informal guidance that they said created new obligations for regulated firms, as well as other issues.
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House Members Question Chopra’s Transparency

June 26, 2023
Sam Manas
Republicans tore into CFPB Director Rohit Chopra over his calendar, which the agency claims to publish monthly.
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Banking Trade Groups Pan Junk Fees Research Proposal

May 30, 2023
Sam Manas
Banking industry trade groups said a CFPB research proposal on consumer choices related to “junk fees” doesn’t meet legal requirements. They are asking the Office of Information and Regulatory Affairs to reject the proposal.
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Other News in Brief

May 15, 2023
Sam Manas
The Appraisal Foundation updates appraisal standards; the CFPB will distribute $22 million among debt relief scam victims; CFPB Inspector General expresses opposition to legislation about his office.
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Rep. McHenry Threatens to Use Block Section 1071 Rule

April 17, 2023
Sam Manas
Rep. Patrick McHenry, R-NC, has threatened to use the Congressional Review Act to prevent implementation of the CFPB’s new reporting requirements on small business lending.
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OIG: CFPB Faces Challenges on Security, Workforce Programs

April 17, 2023
Sam Manas
The CFPB is facing management challenges in reforming its information security practices, workforce support programs and in embracing new technology and skills in supervisory and enforcement activities.
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Chopra Offers Insight Into Section 1033 Rulemaking

April 3, 2023
Sam Manas
CFPB Director Rohit Chopra engaged in a live question-and-answer session last month, acknowledging banks’ concerns about nonbank coverage and liability flows.
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Second Circuit Holds CFPB Funding Constitutional

April 3, 2023
Sam Manas
The Second Circuit Court of Appeals’ ruling last month deepens a circuit split on the constitutionality of the CFPB’s funding structure, which is set for hearing before the Supreme Court next term.
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CFPB Receives Fewer EEO-Related Complaints in FY22

April 3, 2023
Sam Manas
In a report on its equal opportunity employment program, the CFPB said it found no new instances of internal discrimination in FY2022.
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House Bill Would Put CFPB Funding in Congress’ Hands

March 20, 2023
Sam Manas
A majority of the witnesses testifying at a recent House subcommittee hearing voiced support for the Taking Account of Bureaucrats’ Spending Act, which would separate the CFPB from the Federal Reserve System and subject it to the regular appropriations process.
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