Today on TAP: Rohit Chopra’s efforts to protect consumers and defend the financial rights of African Americans bring on the wrath of the business lobbies.
CFPB
Posted inEconomic Policy
A Regulator Signals Comfort With Allowing More Bank Mergers
The OCC’s Michael Hsu expresses openness to behavioral remedies for bank mergers, when they have been shown not to work in other sectors.
Posted inMoney, Politics, and Power
Republican ‘Populists’ Are Still Corporate Toadies
Conservative rabble-rousers are mad at regulators for protecting the American people from Wall Street banks.
Posted inEconomic Policy
Terms and Conditions Need Not Apply
‘Buy now, pay later,’ the latest fashion in consumer debt, is even worse than credit cards.
Posted inEconomic Policy
GOP to CFPB: Go Easy on the Banks!
The Republican caucus tries to protect a bank’s right to rip off its customers.
Posted inPolitics
Washington’s Best Hope
Rohit Chopra’s unconventional methods for making change happen in a sclerotic government
Posted inEconomic Policy
The Obscure Democrat Enabling Republicans on Bank Regulation
Michael Hsu, the acting comptroller of the currency, has gone silent after initially siding with fellow Democrats on a bank merger review.
Posted inEconomic Policy
In Bid to Beef Up Bank Rules, Dems Stop Playing Nice
Republicans are crying foul as a Democratic majority at the FDIC sidesteps its Trump-appointed chair.
Posted inEconomic Policy
What the New Sheriffs of Wall Street Can Do
Biden has empowered a crop of aggressive financial regulators. They’ll need to look beyond the banking industry and into finance’s darker corners.
Posted inEconomic Policy
Financial Reformers to Biden: Start Nominating Regulators!
Several positions are vacant, as Wall Street reform appears to fall off the priority list.
