WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) plans to establish “dedicated units” within its enforcement and supervision divisions to better detect repeat corporate offenders, the watchdog’s director said on Monday.
The CFPB is looking at “structural remedies” aimed at holding large institutions more accountable for repeated misconduct, director Rohit Chopra said at a University of Pennsylvania law school event.
(Reporting by Chris Prentice)