Prepared Remarks of CFPB Director Rohit Chopra at Georgetown University's DC Fintech Week
October 23, 2024
October 23, 2024
WASHINGTON, Oct. 23 -- The Consumer Financial Protection Bureau issued the following news release:
Yesterday, the CFPB finalized the Personal Financial Data Rights rule, which will move the United States closer to an open banking system in which consumers, not dominant firms, control their data.
Today, I primarily want to focus on the data protections in the rule, which are essential to ensuring the rule works to advance competition in financial markets. This rule will . . .
Yesterday, the CFPB finalized the Personal Financial Data Rights rule, which will move the United States closer to an open banking system in which consumers, not dominant firms, control their data.
Today, I primarily want to focus on the data protections in the rule, which are essential to ensuring the rule works to advance competition in financial markets. This rule will . . .