In this podcast episode, former Consumer Financial Protection Bureau (CFPB) director Rohit Chopra reflects on the agency's role post-2008 crisis and its current state under the Trump administration. He shares insights from his time at the CFPB, including how regulators handled high-profile bank collapses like Silicon Valley Bank. The conversation also touches on how traditional banking is colliding with modern tech trends, as banks morph into "super apps" offering everything from payments to shopping.

Editor’s Note: Banks aren’t just about checking accounts anymore—they’re trying to become one-stop-shop apps, blending finance with tech. But as they evolve, regulators like the CFPB are grappling with how to oversee these changes without repeating past mistakes. Chopra’s perspective sheds light on the tightrope walk between innovation and stability, especially after recent bank failures. If you’ve ever wondered why your banking app suddenly feels like a mini Amazon, this helps explain the bigger shift behind it.