CFPB Director Rohit Chopra made it clear that repeat offenders of consumer protection laws will face harsher penalties than ever before.
Making news this week was the CFPB director testifying before both the Senate and House, Fidelity will allow bitcoin in 401(k) plans, Robinhood had a bad week, the OCC is talking stablecoins, Goldman created a lending facility backed by bitcoin and more.
CFPB Director Rohit Chopra has made it clear that he embraces an expansive view of the Bureau's authority to remedy inequities.
The last financial crisis ushered in the Dodd-Frank Act and with that the Consumer Financial Protection Bureau (CFPB). The CFPB...