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The Realignment

372 | CFPB Director Rohit Chopra: Reviving America's Anti-Monopoly Tradition

The Realignment

The Realignment

Saager Enjeti, Technology, Policy, News, Marshall Kosloff, International Relations, Politics, News Commentary, Public Policy, U.s. Politics, National Security, Economics

4.82.5K Ratings

🗓️ 23 May 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

Rohit Chopra, Director of the Consumer Financial Protection Bureau and former FTC Commissioner, joins The Realignment. Director Chopra and Marshall discuss the history of America's anti-monopolist tradition, how new FTC Commissioners ended decades of inaction in 2018, the need to aggressively enforce laws on the books, how anti-monopoly policy can create strange ideological alliances, and the lessons from the recent failures of Silicon Valley Bank, Signature Bank, and First Republic.

Transcript

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0:00.0

Marshall here, welcome back to the Realignment.

0:02.8

[♪ OUTRO MUSIC PLAYING [♪

0:08.4

Hey everyone, welcome back to the show.

0:10.1

Quick note before we dive into this episode.

0:13.0

Last Friday, Saga and I released the latest Supercast.

0:17.0

Ask me anything discussion episode.

0:19.2

Subscribe, restore Supercast, use the Supercast to show

0:21.4

get access to those AMA episodes and get to submit

0:25.0

their own questions and comments.

0:27.4

If you'd like to hear the full audio from the preview,

0:30.1

we released on Friday, you can go to realignment.supercast.com

0:34.3

or click the link at the top of your show notes.

0:37.4

Today's episode is with consumer financial protection

0:40.2

bureau director, Rohe Chopra.

0:42.3

We are discussing recent remarks he gave at the big

0:45.1

anti-monopoly summit earlier this month,

0:47.6

discussing the future of the anti-monopoly movement from the perspective

0:51.2

of his tenure at the CFPB and the Federal Trade Commission.

0:56.2

The basic idea here is that one of the issues at the center

0:59.6

of the political realignment of our country right now is the debate

1:02.6

over how both left and right will handle corporate power.

1:06.4

There are areas where left and right are just completely not in sync.

...

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