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.
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
During Trump's first term, the Republican had picked Chopra as a Democratic member of the Federal Trade Commission.
5dOpinion
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.
Chopra, a Sen. Elizabeth Warren protege, was a surprising holdover from the Biden administration, given that many appointees ...
WASHINGTON, DC -Rohit Chopra has been removed as Director of the Consumer Financial Protection Bureau (CFPB), ending his five ...
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
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