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.

Director Chopra

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.  The Order also