Rohit Chopra, head of the top agency for consumer finance, submitted his resignation early Saturday after President Donald Trump fired him overnight, according to a source familiar with the situation.
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
Rohit Chopra departs CFPB after pushing regulation that limited overdraft fees and banned medical debt from credit reports.
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of ...
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump ...
MORE: Wells Fargo Rewards: How to earn and use them 3. There’s no financial penalty for late payments The Wells Fargo Attune℠ Card is rare among its peers in that it doesn’t charge late fees.
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Understanding consumer sentiment can guide individuals, businesses and policymakers in financial decision-making. Consumer sentiment is an aggregate measure of how individuals feel about their ...
Merrill Lynch and two Wells Fargo advisory firms have agreed to pay ... Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's ...
According to Wells Fargo, consumer prices in the New York metro were up 4.3% year-over-year during November 2024, ahead of the country's average rate of 2.7%. Benson said that the elevated costs ...
The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.