U.S. consumer watchdog lays out ambitious agenda on Big Tech, lending competition

U.S. consumer watchdog lays out ambitious agenda on Big Tech, lending competition

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/usa-house-chopra-cfpb/u-s-consumer-watchdog-lays-out-ambitious-agenda-on-big-tech-lending-competition-idUSKBN2HH214

WASHINGTON (Reuters) -Chief consumer finance watchdog Rohit Chopra told U.S. lawmakers on Wednesday his agency will investigate Big Tech's impact on the flow of money in the economy as leading technology firms use real-time consumer payments systems that collect huge amounts of personal data.