Tag: Chopra, Rohit

Wall Street’s Most Hated Regulator Faces a Fundamental Threat

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”

President Biden Renews Fight on ‘Surprise Fees’ as Inflation Stays High

President Biden will host executives from several companies, including Airbnb and Live Nation, to announce new efforts to end so-called junk fees as inflation remains high.

How Biden Is Seeking to Reshape Business via the CHIPS Act

Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.

The Downsides of Using ‘Buy Now, Pay Later’

Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.

When Customers Say Their Money Was Stolen on Zelle, Banks Often Refuse to Pay

Federal law requires banks to reimburse customers for unauthorized electronic transfers, but they often refuse, stranding victims.