CFPB’s Chopra: Regulators Need to Assess Risks in Faster Communications

National Mortgage News, Mar. 28, 2023–Kate Berry (subscription)
Rohit Chopra, the director of the Consumer Financial Protection Bureau, said regulators will need to assess how fast communications can precipitate a bank run, even at banks that had previously been considered well below the thresholds to create a systemic risk.
https://www.nationalmortgagenews.com/news/cfpbs-chopra-regulators-need-to-assess-risks-in-faster-communications?