US consumer watchdog eyeing Big Tech, lending competition as recovery unfolds - testimony

US consumer watchdog eyeing Big Tech, lending competition as recovery unfolds - testimony

26/10/2021 7:25:00 PM

US consumer watchdog eyeing Big Tech, lending competition as recovery unfolds - testimony

WASHINGTON : The head of the U.S. Consumer Financial Protection Bureau, Rohit Chopra, will tell lawmakers on Wednesday that agency is the mortgage market and aims to minimize foreclosures of American homeowners, according to his prepared testimony.As he lays out an ambitious agenda before the House Financ

WASHINGTON : The head of the U.S. Consumer Financial Protection Bureau, Rohit Chopra, will tell lawmakers on Wednesday that agency is the mortgage market and aims to minimize foreclosures of American homeowners, according to his prepared testimony.As he lays out an ambitious agenda before the House Financial Services panel, Chopra will monitor anticompetitive practices and ensure 'greater competitive intensity' in consumer lending.

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The agency will also sharpen enforcement focus on firms that repeatedly violate consumer finance laws and better oversee big tech as it gains greater control over money flow raises.(Reporting by Katanga Johnson and Pete Schroeder in Washington, D.C.) Read more: CNA »

Raeesah Khan testifies to privileges committee that WP leaders told her to keep to lie made in Parliament

SINGAPORE — Former Workers’ Party (WP) Member of Parliament Raeesah Khan has given evidence to the Committee of Privileges that she had been told by WP leaders to stick to the lie she had made in Parliament on Aug 3.

Washington, District of Cats: US capital first city to count its felinesBesides cats, the camera traps in Washington also snapped pictures of numerous animals including squirrels, raccoons, foxes, deer – and even a bobcat.

US retail giants pull Chinese surveillance tech from shelvesU.S. retail giants Home Depot and Best Buy have pulled the Chinese video surveillance technology makers Lorex and Ezviz from their stores over links to human rights abuses. In a statement to TechCrunch, Home Depot said it's 'committed to upholding the highest standards of ethical sourcing and we immediately stopped selling products from Lorex when this was brought to our attention.' Home Depot also stopped selling Ezviz products, a spokesperson confirmed.

Aromatherapy spray linked to US deaths faces recallU.S. health officials may have solved the mystery of how four people in different states came down with a serious tropical disease even though none had traveled internationally: an aromatherapy spray imported from India. The Centers for Disease Control and Prevention said Friday that investigators found the same type of bacteria that causes the disease, melioidosis, in a spray bottle found in one of the patients' homes. The contaminated product is labeled “Better Homes & Gardens Lavender & Chamomile Essential Oil Infused Aromatherapy Room Spray with Gemstones,” the CDC said.

US has administered nearly 414 million doses of COVID-19 vaccinesThe United States has administered 413,645,478 doses of COVID-19 vaccines in the country as of Sunday (Oct 24) morning and distributed 503,493,015 doses, the US Centers for Disease Control and Prevention said. The number of doses administered is up from 412,856,169 vaccine doses the CDC said had

Oil prices on the march again in tight market; US crude at 7-yr highTOKYO : Oil prices rose on Monday, extending pre-weekend gains, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps.Brent crude futures climbed 26 cents, or 0.3per cent, to US$85.79 a barrel at

US agency asks Tesla about changes to driver assistance systemThe National Highway Traffic Safety Administration said Monday it was aware of reported changes to Tesla’s Full Self-Driving (FSD) beta advanced driver assistance system and had contacted the automaker for more information.Tesla Chief Executive Elon Musk said on Sunday the automaker had rolled back its