Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
Republican lawmakers have filed legislation to defund the Consumer Financial Protection Bureau, adding more uncertainty over GOP plans for the financial regulator.
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 ...
Chopra, whose term runs through late 2026. Senator Tim Scott of South Carolina, chair of the Senate Banking Committee, told reporters on Tuesday that he anticipates a “blockbuster announcement ...