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Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would stop financial companies from forcing Americans to choose between participating in the financial system or giving up their rights, including those guaranteed by the Constitution.
Today, the CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms.
CFPB Finalizes Rule to Protect Homeowners on Solar Panel Loans and Other Home Improvement Loans Paid Back Through Property Taxes.
The CFPB took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws.
The CFPB today proposed a rule to rein in data brokers that sell Americans' sensitive personal and financial information.
The CFPB today finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps.
Director Chopra delivered remarks at Georgetown University’s DC Fintech Week.
By
Rohit Chopra
Director Chopra delivered remarks at the Federal Reserve Bank of Philadelphia about the CFPB’s Personal Financial Data Rights Final Rule.
By
Rohit Chopra
The CFPB finalized a rule to give consumers greater rights, privacy, and security over their personal financial data by requiring providers to unlock personal financial data for free.
The CFPB and the FRB are announcing the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2025 are subject to certain protections under Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).
The CFPB, the FRB, and the OCC are announcing that the 2025 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $32,400 to $33,500.
Director Chopra delivered remarks on streamlining the refinancing process following the Federal Reserve federal funds rate reduction.
By
Rohit Chopra
Director Chopra delivered remarks on housing, including refinancing, appraisals, and other topics.
By
Rohit Chopra
Director Chopra delivered remarks on streamlining the refinancing process.
The CFPB and other federal financial regulatory agencies announced a joint proposed rule to establish data standards for certain information collections submitted to financial regulatory agencies.
The CFPB proposed an interpretive rule explaining that many paycheck advance products are consumer loans subject to the Truth in Lending Act.
Six federal regulatory agencies today issued a final rule, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, designed to help ensure the credibility and integrity of models used in valuations for certain mortgages secured by a consumer’s principal dwelling.
Director Chopra delivered remarks on a press call to discuss the CFPB’s proposed interpretive rule on emerging paycheck advance comments.
The CFPB issued an interim final rule to extend compliance deadlines for the Section 1071 small business lending rule.
La CFPB emite normativa final interina para extender la fecha para el cumplimiento de la Sección 1071 de la normativa de crédito a la pequeña empresa.
Since the creation of the CFPB, the agency has returned $20.7 billion to consumers through law enforcement activity and created unquantifiable returns for the over 205 million Americans harmed by the illegal practices that we have stopped.
By
Rohit Chopra
Since the creation of the CFPB, the agency has returned $20.7 billion to consumers through law enforcement activity and created unquantifiable returns for the over 205 million Americans harmed by the illegal practices that we have stopped.
By
Rohit Chopra
CFPB finaliza normativa delineando las calificaciones para el establecimiento de las organizaciones que desarrollarán los estándares de la banca abierta.
Today, the CFPB finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule.
The CFPB finalized a rule to establish a registry to detect and deter corporate offenders that have broken consumer financial protection laws.