Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless a “regulator gone rogue.”
Much has been written about Rohit Chopra's tenure as Director of the Consumer Financial Protection Bureau (CFPB or Bureau). While many expected an aggressive enforcement posture.
In a consequential decision, a panel of the Fifth Circuit Court of Appeals has ruled that the US Consumer Financial Protection Bureau ("CFPB") is unconstitutionally funded and that its promulgation.
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