Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On
Posted inAppointments and Executive Changes Banking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Consumer Protection Credit Cards Customer Relations Federalist Society Fines (Penalties) Presidential Transition (US) Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Republican Party Trump, Donald J United States Politics and Government

Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On

Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
Posted inBanking and Financial Institutions Berkshire Hathaway Inc Buffett, Warren E Chopra, Rohit Clayton Homes Consumer Financial Protection Bureau Credit and Debt Mobile Homes and Trailers Mortgages Real Estate and Housing (Residential) Suits and Litigation (Civil) Vanderbilt Mortgage and Finance

C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Biden Administration Sues 3 Big Banks Over Zelle Fraud
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Biden Administration Sues 3 Big Banks Over Zelle Fraud

Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to office.
New Federal Rule Limits Overdraft Fees at Large Banks
Posted inBanking and Financial Institutions Biden, Joseph R Jr Chopra, Rohit Consumer Financial Protection Bureau Consumer Protection Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Trump, Donald J United States Politics and Government

New Federal Rule Limits Overdraft Fees at Large Banks

It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.