Tag Archives: Rohit Chopra

After laying dormant for months, the nomination of Rohit Chopra to be the next Director of the Consumer Financial Protection Bureau was awoken and quickly accelerated yesterday, to the point where some published reports are saying his confirmation by the full Senate could be days away. The confirmation would give …

WWRD? What will Rohit do? That is the question on everyone’s mind as Rohit Chopra appears to be inching closer and closer to the Director’s office at the Consumer Financial Protection Bureau. For the accounts receivable management industry, the burning question is would he dare to anything to Regulation F, …

President Joe Biden yesterday nominated Alvaro Bedoya to be a commissioner on the Federal Trade Commission, which should finally pave the way for Rohit Chopra to be able to leave the FTC to become the next director of the Consumer Financial Protection Bureau. Chopra has remained at the FTC in …

Senate Republicans are continuing to try and get answers about whether the leadership of the Consumer Financial Protection Bureau potentially violated civil service protections by trying to get career employees at the Bureau to resign so that they could be replaced by “handpicked loyalists.” After not getting any answers from …

Senate Republicans are calling for Rohit Chopra to be disqualified from consideration as the next Director of the Consumer Financial Protection Bureau after he refused to provide answers to questions that he was sent following the publication of a report detailing how the Biden administration is attempting to “sideline” top …

Rohit Chopra hasn’t even been confirmed by the Senate to be the next Director of the Consumer Financial Protection Bureau and he’s already being asked questions by a leading Senate Republican after a report was published this week detailing how the Biden administration is attempting to “sideline” top officials at …

It appears as though the last domino that needed to fall in order for Rohit Chopra to become the next director of the Consumer Financial Protection Bureau has fallen and all that is left is for the Senate to confirm him, a move that is expected to occur within the …

The Biden administration is undertaking an “aggressive” effort to overhaul the senior leadership ranks of the Consumer Financial Protection Bureau, seeking to replace individuals who were hired when President Trump was in office with those who are more likely to share the current administration’s views on enforcement and supervision, according …

The Federal Trade Commission has reached a $20 million settlement with a company accused of violating the Fair Credit Reporting Act by improperly obtaining individuals’ credit reports and the FTC’s Red Flags Rule for failing to implement an identity theft program. The company, Vivint Smart Homes, will pay a $15 …

Does the Consumer Financial Protection Bureau have a racism problem? A report issued by the union representing employees at the regulator claims that Black employees are paid, on average, $20,000 less than their white counterparts, according to a published report. The union is calling on Rohit Chopra, who has been …