You Searched For "rohit chopra" and got 17 results
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3 mins read
The student-loan industry could face a crackdown as yet another Elizabeth Warren ally takes a top oversight job for Biden
The Senate confirmed Rohit Chopra, who used to be a student-loan watchdog, to lead the Consumer Fin…
Ayelet Sheffey
1 min read
Head of consumer protection watchdog signals stance on digital assets with warning on stablecoins
The CFPB's new chief, Rohit Chopra, issued the warning during his first appearance before Congress …
Carla Mozée
3 mins read
Homeowners should be worried about a legal battle that could jeopardize 'the stability of the housing market,' the head of a federal consumer watchdog says
The Supreme Court will hear a case that could upend the CFPB, and in turn, jeopardize the housing a…
Ayelet Sheffey
2 mins read
15 million student-loan borrowers have at least one of 5 big risk factors that could lead them down 'a difficult road' once payments resume, Biden's top consumer watchdog says
From student-loan company changes to a "record number" of borrowers entering repayment at once, the…
Ayelet Sheffey
3 mins read
Student-loan companies might be 'unlawfully collecting' your debt even if you got your loans wiped out in court, Biden's top consumer watchdog warns
This follows a letter from the CFPB, obtained by Insider, vowing to "closely scrutinize" student-lo…
Ayelet Sheffey
3 mins read
Trump-appointed FDIC chair will resign after battle with Democratic bank regulators
The departure of Jelena McWilliams comes as CFPB head Rohit Chopra said that she sought to block at…
John L. Dorman
2 mins read
A US debt default could spike borrowing costs like credit cards and mortgages, and 'every family should be concerned' says a consumer watchdog
Democrats and Republicans remain locked in an impasse about raising the US' $31.4 trillion debt cei…
Huileng Tan
3 mins read
Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers
"Repeat offender" Wells Fargo engaged in practices that cost customers "billions," a regulator says…
Sindhu Sundar
3 mins read
A student-loan company just got hit with a $1 million penalty for 'breaking the law' by lying to borrowers about loan forgiveness, Biden's top consumer watchdog says
"When student loan companies lie about cancellation and repayment programs for borrowers, they are …
Ayelet Sheffey
2 mins read
Student-loan companies' 'illegal conduct' can ruin borrowers' chances of debt forgiveness, Biden's top consumer watchdog says — and they're about to face stepped up scrutiny
The CFPB's Rohit Chopra wants to ensure student-loan companies' bad behavior doesn't stand in the w…
Ayelet Sheffey
4 mins read
Facebook still has incredible control over your data
But while adding more safety protocols can solve some of the privacy issues Facebook has experience…
Lisa Eadicicco
2 mins read
Biden's Education Dept. just announced a new office to 'vigorously investigate' schools' student-loan and federal aid abuses
In Biden's latest action cracking down on the student-loan industry, the Office of Enforcement will…
Ayelet Sheffey
2 mins read
Big banks charging Americans millions in 'exploitative' overdraft fees are about to see a crackdown from Biden's top consumer watchdog
Sen. Elizabeth Warren blasted JPMorgan's Jamie Dimon for charging $1.5 billion in overdraft fees du…
Ayelet Sheffey
3 mins read
Analysts Downgraded Cisco For Fear It's Blowing It In A Game-Changing New Market
Despite a bottom-line EPS beat, fundamentals at Cisco are deteriorating as evidenced by the Q1 reve…
2 mins read
Nearly One-Third Of America's Massive Federal Student Loan Debt Is Either Late Or In Default
Earlier this year, we spoke with Florida mother Alice Cortes, who is on the hook for $25,000 worth …
Mandi Woodruff
2 mins read
Biden just reduced 'financial distress' for veterans by allowing most of their medical debt to go unreported to credit bureaus
Any debt, whether it be medical or student debt, can harm credit scores. The VA is ensuring veteran…
Ayelet Sheffey
5 mins read
The Humble Great: Neeraj Chopra's rise from a chubby village kid to Indian sporting pantheon
A star was born overnight in a country that had for long craved for the ultimate success in spo…