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Chopra hasn’t resigned, been fired or heard from the White House since President Donald Trump was inaugurated.

Consumer watchdog wants expanded oversight of payments

The director of the Consumer Financial Protection Bureau told an audience Friday that the agency was preparing fresh guidance, a proposed rule and other measures to strengthen federal oversight of the U.S. payment system.

The speech from CFPB Director Rohit Chopra focused on the existing legal fuzziness between banks and commercial firms when it comes to processing payments, particularly related to “private digital dollars” and other virtual currencies.

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Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

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