PYMNTS

MARCH 3, 2020

president has the authority to fire the leader of the Consumer Financial Protection Bureau (CFPB), which was formed after the financial crisis, according to the Financial Times. The CFPB was founded in 2010. The Supreme Court heard arguments about whether a sitting U.S.

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PYMNTS

MAY 25, 2018

They also believe that the setup raises concerns about how online transactions are treated under the Durbin amendment, which was part of the 2010 Dodd-Frank Act. In addition, the National Retail Federation (NRF) is planning to meet soon with federal regulators, including the Fed, the FTC and the Consumer Financial Protection Bureau (CFPB).

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PYMNTS

JANUARY 18, 2021

Rohit Chopra , a commissioner at the Federal Trade Commission (FTC), is expected to be tapped by President-elect Joe Biden to head the Consumer Financial Protection Bureau (CFPB), according to the Wall Street Journal (WSJ) on Monday (Jan. 16), citing sources.

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PYMNTS

JANUARY 19, 2021

As reported, President-elect Joe Biden nominated Rohit Chopra , a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely to be replaced by Biden).

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CFPB Consumer Financial Protection Bureau (CFPB) Federal Trade Commission FTC 57