
The Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra discussed a new rule requiring financial institutions to share customer data with other providers at the customer's request for free. This initiative aims to give consumers greater rights, privacy, and security over their personal financial data, and to accelerate a shift toward open banking. Chopra's remarks were made during an interview on CNBC's Squawk Box at 6:50 am ET and at Georgetown Law's DC Fintech Week at 11:00 a.m. EDT. The discussions are part of broader conversations on financial regulation and consumer protection in the fintech industry.
Watch CFPB Director Rohit Chopra speak at DC Fintech Week https://t.co/sg1tPUsghQ
Today at Day 2 of #DCFintechWeek, hosted at the @IntlSpyMuseum: Don’t miss Professor Christopher Brummer (@ChrisBrummerDr) of @GtownLawIIEL in conversation with @CFPB Director Rohit Chopra (@ChopraCFPB). Watch live at 11:00 a.m. EDT: https://t.co/5uhXGRDLCk https://t.co/S6Xqe5ZdjT
LIVE: Watch PayPal, Visa crypto execs discuss the future of stablecoins and regulation https://t.co/R9alzsZ4oh
