Halftime Report Fmr. CFPB Director Rohit Chopra, Metal-Tariff Mania, Power of Super Bowl Ads 2/10/25
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Feb 10, 2025 
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), shares insights on the agency's recent upheaval amidst leadership changes and the implications of these shifts for consumer protection. Barry Zeckelman, CEO of Zeckelman Industries, discusses the impact of President Trump's tariffs on steel imports and their effects on the manufacturing sector. The duo also delves into the dynamic world of Super Bowl ads, weighing the creativity and effectiveness of strategies used to capture audience attention during the big game.
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CFPB Shutdown
- Elon Musk's post "CFPB RIP" on X triggered the CFPB's shutdown.
- Employees were instructed to stay home, halting investigations and enforcement actions.
Impact of CFPB Shutdown
- Rohit Chopra worries about the impact of the CFPB shutdown on ongoing investigations.
- He believes this pause in enforcement will disadvantage companies complying with the law.
CFPB's Unique Authority
- Existing agencies like the SEC have oversight over some financial areas.
- However, many laws grant exclusive enforcement authority to the CFPB.