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.

Rep. Maxine Waters, D-CA, introduced a bill this month to vastly expand how much data financial institutions report to receive their Community Reinvestment Act ratings. The bill would mandate negative rating credit for any known discriminatory behavior.

CFPB ending compliance assistance sandbox, no-action letters; 2021 new HMDA analysis; All American Check Cashing settlement falls through; CFPB redressing over 8,000 consumers in debt collection case; CFPB, FTC reaffirm strong FCRA furnishing requirements; FTC, California’s DFPI enforce against alleged mortgage relief scam.

A few months back, the CHLA called on DOJ to conduct a comprehensive antitrust review of the deal...

The standards-setting organization made tweaks large and small to its model, to smooth out workflow issues between transaction parties, and to allow companies to build new products.