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Transcripts For CSPAN3 CFPB 20240705

Okay. We are back. Next, we are going to go to the gentleman from tennessee, mr. Rose, for five minutes. Thank you to director chopra for being here today. Director chopra, last month, the New York Times ran an article with the headline calling you, quote, wall streets most hated regulator. And that bankers believe that you are a regulator gone rogue. Do you agree with the characterization that you are wall streets most hated regulator and a regulator gone rogue . Certainly not, but you know, you will have to ask them. We try to make sure that all of our work is with the Public Interest in mind, including with Financial Institutions. I want to say this to you. I feel this strongly about all of our federal regulators. In my view, your first responsibility is to help those who you regulate comply with the regulati ....

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Transcripts For FBC The Willis Report 20130731

New allegations that big banks are using big data ted discriminate against lowincome customers that they believe are most likely to overdraft theyre Checking Accounts or bounce checks. Big banks argue theyre using the data bases to avoid fraud artists. Here to weigh in, editor in chief of american banker and former Vice President of goldman. Im going to start with you. Allegations tonight in the New York Times that over a million lowincome americans basically are being kicked out of banks because there are errors in some of these databases. Thank you for having me. I appreciated. Yes. That is the gist of the article. Two things. Errors and databases which occur. We have all experienced that. Also, the fact that the way the data bases are used, the consequences of certain activities that you might engage in, you might h ....

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Transcripts For FBC The Willis Report 20130801

New allegations that big banks are using big data ted discriminate against lowincome customers tt they believe are mostikely to overdraft theyre checking accouounts or bounce chks. Big banks argue theyre using the data bases to avoid fraud artists. Here to weigh in, editor in chief of american banker and former Vice President of goldman. Im going to start with you. Allegations tonight in the New York Times that over a million lowincome americans basically are being kicked out of banks because there are errors in se of these databases. Thank you for having me. I appreciated. Yes. That is the gist of the article. Two things. Errors and databases which occur. We have all experienced that. Also, the fact that the way the data bases are used, the consequences of certain activities that you might engage in, you might have an overdraft because everybody shares the same data bases an ....

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Expanded relationship benefits for consumers who bank with Key include discounted rates on personal loans and home lending products to keep clients moving forward on their financial. ....

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