President Biden’s nominee to serve as the full-time Director of the Consumer Financial Protection Bureau (CFPB), Federal Trade Commissioner Rohit Chopra, remains unconfirmed over four months after his nomination which appears to stem from partisan concerns about the balance of power at the Federal Trade Commission (FTC).
Acting Director of the Consumer Financial Protection Bureau (CFPB) David Uejio does not intend to be a passive functionary as Biden administration nominee Rohit Chopra awaits Senate confirmation, telling staff in an email that he intends to begin focusing on the new administration’s priorities ahead of Chopra’s confirmation. This is according to an internal CFPB […]
President-elect of the United States Joe Biden has nominated Federal Trade Commissioner Rohit Chopra to serve as the new director of the Consumer Financial Protection Bureau (CFPB), signaling that the incoming Biden administration aims to return the Bureau to its original enforcement posture according to reporting at the Washington Post. Chopra, who has served as […]
The Federal Trade Commission (FTC) released a report this week dedicated to educating American consumers on the biggest ways in which fraudsters attempt to take advantage of American seniors, detailing the 10 most prevalent forms of scamming taking place against older Americans. The determination was based on data collected from surveys from federal agencies in […]
The Consumer Financial Protection Bureau (CFPB) has provided guidance for senior consumers on how to best avoid scams stemming from renewed efforts by bad actors in the midst of the COVID-19 coronavirus pandemic. Representatives from the Bureau, the Federal Trade Commission (FTC) and the Department of Health and Human Services (HHS) went over these practices […]
Think about the ways in which you accomplish many of the daily tasks you have, particularly when it comes to personal finance. If you’re an RMD reader, then you likely remember a time of transition between needing to pay your bills by traditional mail, before becoming more aware of burgeoning online opportunities to do everything […]