Consumer Financial Protection Bureau Semiannual Report, Part 1
Consumer Financial Protection Bureau Director Rohit Chopra testified on a semi-annual report of his agency before the House Financial Servic… read more
Consumer Financial Protection Bureau Director Rohit Chopra testified on a semi-annual report of his agency before the House Financial Services Committee. Several members of the Republican majority asked Mr. Chopra about concerns of privacy and expenses relating to Section 1071 of the Dodd-Frank Act, which requires financial institutions to report certain data on credit applications for small businesses owned by women and minorities. Other topics included the CFPB’s work on combating junk fees and predatory lending, and a proposed rule to subject large nonbank companies that offer financial services, such as Apple and Google, to the same regulatory oversight as banks. At the time of this event, the Supreme Court was considering a case about the CFPB’s funding structure; it is an independent agency within the Federal Reserve and not funded by Congress. This is the first part of the program. close
Points of Interest
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Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and move your cursor over the video to see the . Click on the marker to see the description and watch.
You can also click the in the lower left of the video player to see a complete list of all Points of Interest from this program - click on any moment in the list and the video will play.
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CFPB Director Testifies on Oversight of Agency
- Consumer Financial Protection Bureau Semiannual Report, Part 1
- Consumer Financial Protection Bureau Semiannual Report, Part 2
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