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Daily Digest – January 22. Biden Names Temporary Picks to Lead CFPB, FCC, FTC; Experts Share Reaction to Chopra Nomination

BIDEN NAMES TEMPORARY PICKS TO LEAD CFPB, FCC, FTC President Joe Biden named temporary heads to the three major government agencies regulating the accounts receivable management industry — the Consumer Financial Protection Bureau, the Federal Communications Commission, and the Federal Trade Commission. EXPERTS SHARE REACTIONS TO CHOPRA CFPB NOMINATION This …

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Experts Share Reactions to Chopra CFPB Nomination

This week, President Joe Biden announced that Rohit Chopra is his choice to be the next director of the Consumer Financial Protection Bureau. Chopra, who was most recently a commissioner with the Federal Trade Commission, previously worked at the CFPB as an assistant director and its student loan ombudsman. How …

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Biden Names Temporary Picks to Lead CFPB, FCC, FTC

President Joe Biden named temporary heads to the three major government agencies regulating the accounts receivable management industry — the Consumer Financial Protection Bureau, the Federal Communications Commission, and the Federal Trade Commission. Dave Uejio, the CFPB’s chief strategy officer will be acting director until Rohit Chopra is confirmed by …

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The Best Tech You Haven’t Heard About Yet

Bob Iger, who spent the past 15 years as the chief executive of The Walt Disney Company, is known for a number of famous sayings, and a pair of them symbolize how the accounts receivable management industry should be embracing change rather than fighting against it, especially as it pertains …

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Getting to Know Robert Salmon of George Brown Associates

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations …

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Kraninger Resigns Post as CFPB Director

At the request of President Joe Biden, Kathleen Kraninger resigned as director of the Consumer Financial Protection Bureau yesterday, effective immediately. The move paves the way for her to be replaced by Rohit Chopra, once he is confirmed by the Senate. Kraninger helmed the CFPB for 25 months, taking over …

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Simons, Smith Announce Resignations From FTC

Along with his plans to nominate Rohit Chopra to be the new director of the Consumer Financial Protection Bureau, and the previously announced resignation of Ajit Pai as chairman of the Federal Communication Commission, President-elect Biden will get to select the head of another regulator with direct oversight of the …

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CFPB Issues Final Rule on Role of Supervisory Guidance

CFPB Logo

The Consumer Financial Protection Bureau yesterday released a final rule on the role of supervisory guidance, which clarifies the differences between regulations — which have the full force and effect of law — and guidance — which does not. A copy of the final rule can be accessed by clicking …

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