Delhi University Jul 2012
Bachelors, Bachelor of Arts
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It's unclear if DOGE will succeed in its efforts to eliminate agencies like the CFPB. However, Rohit Chopra, the head of the CFPB, warned Musk and Ramaswamy in an interview earlier this month with MSNBC that axing the agency is "begging for a financial crisis" and would have dire consequences.
Date: Dec 26, 2024
Category: Business
Source: Google
US consumer watchdog mulls applying e-banking laws to crypto
Speaking at an Oct. 6 payments conference by the Brookings Institution think tank, Consumer Financial Protection Bureau (CFPB) director Rohit Chopra said his agency is looking at applying the EFTA to private digital dollars and other virtual currencies.
Date: Oct 08, 2023
Category: Business
Source: Google
Regions Bank to refund $141M for illegal overdraft fees
Regions Bank raked in tens of millions of dollars in surprise overdraft fees every year, even after its own staff warned that the banks practices were illegal, Rohit Chopra, director of the agency, said in a statement. Too often, large financial firms make a calculation that continuing to break
Date: Sep 28, 2022
Category: Business
Source: Google
Sunday Riley Settles Complaint That It Faked Product Reviews
For two of the F.T.C.s five commissioners, Rohit Chopra and Rebecca Kelly Slaughter, Sunday Rileys promise never to break the law again is not enough. In a separate statement, Mr. Chopra and Ms. Slaughter said that the settlement was not likely to deter other would-be wrongdoers, adding that the
Date: Oct 22, 2019
Category: Business
Source: Google
Regulators Fine Google $170 Million for Violating Children’s Privacy on YouTube
But while the agreement prohibits YouTube and Google from using or sharing the childrens data they have already obtained, one of the Democratic commissioners, Rohit Chopra, said it did not hold company executives personally accountable for illegal data-mining of children. The other Democratic commi
Date: Sep 04, 2019
Category: Business
Source: Google
Google’s punishment for violating kids’ privacy on YouTube: $170 million
That alone is enough to make the settlement unsatisfactory to the FTCs Rohit Chopra, who voted against the Facebook deal and also dissents today. Financial penalties need to be meaningful or they will not deter misconduct, Chopra writes in a statement, which is partially redacted but indicates th
Date: Sep 04, 2019
Category: Business
Source: Google
Facebook Says F.T.C. Has Opened Formal Antitrust Investigation
But the two Democratic commissioners disagreed. One of them, Rohit Chopra, warned that the terms of the settlement legally shielded Facebook from liability for a wide range of past problematic practices. This shield represents a major win for Facebook, but leaves the public in the dark as to how th
Date: Jul 24, 2019
Category: Business
Source: Google
CFPB's long-awaited arbitration rule may be a short-lived victory for consumers
The rule will help to combat the culture of companies profiting from charging illegal fees and committing other crimes against their customers, said Rohit Chopra, senior fellow at the Consumer Federation of America.