Wednesday - October 23, 2024
Prepared Remarks of CFPB Director Rohit Chopra on the Goldman Sachs and Apple Enforcement Press Call
October 23, 2024
WASHINGTON, Oct. 23 -- The Consumer Financial Protection Bureau issued the following news release:

Good morning. Today, the CFPB is taking action against two of our country's most powerful corporations, Apple and Goldman Sachs. The companies violated consumer financial protection laws through their practices related to Apple Card, affecting hundreds of thousands of Apple Card users. This led to wrongful charges, mishandled disputes, and damaged credit reports. The CFPB is ordering r . . .

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