Senate confirms Rohit Chopra to lead the Consumer Financial Protection Bureau

Source: The Associated Press, NPR

The Senate narrowly approved President Joe Biden's pick to run the Consumer Financial Protection Bureau, giving the bureau a director* who is likely to embrace an aggressive "watchdog" role, similar to how the agency operated under former President Barack Obama.

Before his approval, Chopra held one of the Democrat seats on the Federal Trade Commission, often using his position to publicly advocate for higher penalties and enforcement against companies found to have committed wrongdoing.

* Consumer Action strongly supports Mr. Chopra's confirmation as CFPB Director.

Read Full Article: Senate confirms Rohit Chopra to lead the Consumer Financial Protection Bureau

 

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