competition

CFPB Director Chopra’s remarks to Community Bank and Credit Union Advisory Councils focus on service provider competition

By Aileen Ng on April 14, 2022

Posted in CFPB People, Regulatory and Enforcement

CFPB Director Rohit Chopra recently gave opening remarks at the joint meeting of the Community Bank and Credit Union Advisory Councils. In them, he expressed a desire to re-direct the CFPB’s attention to the needs of financial institutions used by local businesses and to make relationship banking a key priority for the CFPB.… Continue Reading

President Biden issues Executive Order encouraging FTC rulemaking on consumer data collection, CFPB rulemaking on data portability, and CFPB UDAAP enforcement

By Ballard CFS Group on July 12, 2021

Posted in CFPB, FTC, Regulatory and Enforcement

Last Friday, President Biden issued an Executive Order on Promoting Competition in the American Economy. Much of the Order is directed at increasing competition in the labor market, transportation, agriculture, healthcare, and technology. It calls on the FTC, the DOJ, and other agencies to pursue vigorous enforcement of the antitrust laws. … Continue Reading