Acting CFPB Director Russ Vought’s rollback of state enforcement overreach marks a critical return to legal restraint, restoring constitutional balance and regulatory clarity to America’s financial system.
Tag: Rohit Chopra
How comparison shopping tools and lead generators revolutionize consumer access to products and services.
CFPB is doing more harm than good, and its dissolution is not just a policy preference but an economic necessity.
Rohit Chopra’s tenure of regulatory overreach and punitive enforcement has harmed consumers and stifled financial innovation.
Originally published at americanbanker.com on December 5, 2024. Thought exercise: What would your life look like without access to credit? No credit cards, no buying a house or vehicle without cash on hand and no access to something as simple as overdraft protection tied to a debit card. For most people, that would be somewhere between […]
Is Elon Musk Serious with his “Delete CFPB” Tweet?
In a late-night post on his social media platform X, billionaire entrepreneur and incoming Department of Government Efficiency head Elon Musk made a bold declaration: “Delete CFPB. There are too many duplicative regulatory agencies.” Musk’s succinct yet striking comment has ignited a vital debate about the role and efficacy of the Consumer Financial Protection Bureau […]
The CFPB Attacks SoLo Funds
The Consumer Financial Protection Bureau (CFPB) has attacked SoLo Funds, the nation’s largest consumer-facing Black-led and owned fintech.
In a move that was as predictable as it is alarming, the Consumer Financial Protection Bureau (CFPB) has once again overstepped its bounds, targeting immensely popular Buy Now, Pay Later (BNPL) tools. As I anticipated, the Supreme Court’s decision to uphold the CFPB’s funding mechanism has emboldened the agency to ramp up its aggressive regulatory […]
The Hill: The Supreme Court has emboldened the CFPB, threatening American consumers
The Supreme Court’s recent ruling will only embolden CFPB Director Rohit Chopra, who has increasingly instituted overly broad regulatory actions.
SPPI Expresses Disappointment in Supreme Court Ruling Upholding CFPB Funding Structure
The Southwest Public Policy Institute warns that this decision will embolden regulatory overreach and drive consumer prices up.