The change in leadership could portend radical changes at one of the nation’s most powerful consumer watchdog agencies.
President Donald Trump terminated Rohit Chopra’s tenure as the Director of the Consumer Financial Protection Bureau (CFPB).
The bureau is operating illegally, and lawsuits will close it down eventually. Trump can act now.
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
The departure of the CFPB director comes as congressional Republicans look at changes to the agency and Democrats defend it.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a ...
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
Chopra, a Sen. Elizabeth Warren protege, was a surprising holdover from the Biden administration, given that many appointees ...
In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn ...
Rohit Chopra, head of the top U.S. watchdog agency for consumer finance, announced early Saturday his time in office had ...
In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.