Financial Services Financial Services

US consumer-finance watchdog should take 'hard look' at Big Tech’s entry into financial services, Chopra says

By Neil Roland
  • 03 Mar 2021 14:26
  • 03 Mar 2021 15:34
Rohit Chopra, President Joe Biden’s nominee to head the US Consumer Financial Protection Bureau, said the agency needs to better understand how technology giants’ entry into financial services will affect consumers’ privacy and personal information, as well as companies’ ability to discriminate.
This entry “will change financial services fundamentally, and

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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