Tag: financial censorship
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CFPB’s Chopra warns of ‘financial censorship’ in payments
The Consumer Financial Protection Bureau’s (CFPB) nominee Rohit Chopra has raised concerns about what he calls “financial censorship” in the payments industry. In a recent speech, Chopra emphasized the need for increased transparency and fairness to protect consumers’ rights and prevent them from being silenced or excluded from the financial system. Chopra highlighted that the…