Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
Chopra, a Sen. Elizabeth Warren protege, was a surprising holdover from the Biden administration, given that many appointees resigned as Trump entered office.
Watch on LiveTube Now 👉 Video: Tim Scott Grills CFPB Head On ‘Ignoring’ His Request To Cease Rule-Making Until Trump Inauguration During a Senate Banking Committee hearing on Wednesday ...
Republican lawmakers have filed legislation to defund the Consumer Financial Protection Bureau, adding more uncertainty over GOP plans for the financial regulator.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
Tim Scott, R.-S.C., who unveiled a comprehensive reform agenda on Wednesday ... Republicans in Washington are generally expected to be more or less aligned in a goal to weaken and restructure the CFPB ...
“The CFPB’s final rule will close a special carveout ... into paying medical bills they may not even owe.” Sen. Tim Scott (R-S.C.), who leads the Senate Banking Committee, released a ...