CFPB director Rohit Chopra underscores the ways AI accelerates consumer risks, warns of Big Tech’s footprint in financial services and data collection, and addresses speculation that the new Trump administration may dismantle CFPB
Episode 42, Jan 12, 11:39 PM
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Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) and a former FTC commissioner, joins host Tammy Haddad to discuss how to fortify consumer protections in the face of AI. He warns that Big Tech could move toward a “Chinese-style system of surveillance” in financial services if left unchecked, on the same day Mark Zuckerberg criticizes federal scrutiny of Meta. He also addresses the CFPB's future under the incoming Trump administration.
Tammy Haddad interviews Rohit Chopra, the director of the Consumer Financial Protection Bureau, in the final days of the Biden presidency. He discusses his agency’s approach to AI regulation, and the need to stop potentially “intrusive surveillance” by Big Tech on the same day Meta’s Mark Zuckerberg criticizes federal scrutiny of Meta, singling out the CFPB. Chopra also warns of the danger of “deleting” agencies such as CFPB as Elon Musk and Vivek Ramaswamy look to cut a trillion dollars from the federal budget.