Rohit Chopra Out, Scott Bessent In (Temporarily) at the CFPB
In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn in Secretary of the Department of the Treasury Scott Bessent to simultaneously lead the Consumer Financial Protection Bureau (CFPB) in an acting capacity.
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
Although many pundits speculated that President Trump would appoint Russell Vought as Acting Director once Vought is confirmed by the Senate to ...
WASHINGTON, DC -Rohit Chopra has been removed as Director of the Consumer Financial Protection Bureau (CFPB), ending his five ...
4dOpinion
Trump fires the Elizabeth Warren protege, and the CFPB could now be shut down.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a ...
But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.
During Trump's first term, the Republican had picked Chopra as a Democratic member of the Federal Trade Commission.
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
In one of the final reports by the CFPB issued under Rohit Chopra’s regime, the bureau outlines how state-level regulators can better protect consumers.
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