General

Chopra’s expansive vision for CFPB authority is facing industry pushback

Consumer Financial Protection Bureau Director Rohit Chopra is pushing the envelope of the bureau’s power and jurisdiction in untested ways. More companies are disputing the CFPB’s allegations, refusing to pay large fines or admit wrongdoing, and vowing to defend themselves in court. 

Read the full article at: www.americanbanker.com

The post Chopra’s expansive vision for CFPB authority is facing industry pushback appeared first on LendIt Fintech News.

Related posts

CBDCs and their role in the world of Web3

admin

10 Habits of Debt-Free People You Can Start Now

admin

Prosper Performance Update – May 2022

admin