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CFPB's Chopra Sees Room For Rules To Stem Debanking

Gunnar Larson

31 Jan 2025 31 Jan '25
4:47 a.m.

CFPB's Chopra Sees Room For Rules To Stem Debanking <https://www.law360.com/banking/articles/2289603?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-01-28&read_main=1&nlsidx=0&nlaidx=0> By Jon Hill Consumer Financial Protection Bureau Director Rohit Chopra on Monday voiced support for regulatory action to address concerns about banks unfairly closing accounts, saying more transparency and "bright-line" limits may be needed to combat so-called debanking. Read full article » <https://www.law360.com/banking/articles/2289603?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-01-28&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/banking/articles/2289603?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-01-28&read_later=1&nlsidx=0&nlaidx=0>

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