Extra profits are the only explanation for many fees businesses charge.
Rohit Chopra
Posted inEconomic Policy
How Banks Keep You Trapped
Financial institutions are doing everything they can to prevent consumers from shopping around for better banking options. A new federal rule attempts to change that.
Posted inHealth and Social Policy
Federal Agencies Investigating Medical Payment Products
The initiative is the Biden administration’s latest move in the fight against junk fees.
Posted inHealth and Social Policy
Hospitals’ Bid for Quick Cash Leaves Patients Worse Off
Medical credit cards shift the burden of medical financing onto unsuspecting consumers who could have qualified for other means of payment.
Posted inMoney, Politics, and Power
Wells Fargo Wants to Buy Its Way Out of Trouble
CFPB director Rohit Chopra has other ideas.
Posted inMoney, Politics, and Power
The Unlikely Origins of the Chamber-Chopra War
Big business could soon get their chance to kill the CFPB for good, thanks in part to former Obama aide William Daley.
Posted inEconomic Policy
Buy Now, Pay Later Overextends and Spies on Consumers
A new report released by the Consumer Financial Protection Bureau uncovers some concerning practices from buy now, pay later companies.
Posted inTAP
The Regulator Bankers Love to Hate
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.
Posted inEducation in America
All Corinthian College Loans to Be Canceled
Thanks in large part to activist work from a group of debt strikers,
over half a million borrowers of the defunct for-profit college chain will have their
loans forgiven.
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.
