"This letter confirms that my term as CFPB Director has concluded," Chopra said in a letter to President Donald Trump, posted to the social media site X on Saturday morning. "I know the CFPB is ready ...
The missive appeared to herald a stark shift for the CFPB, a powerful agency formed in the wake of the 2008 banking crisis to protect consumers from unfair, deceptive or predatory financial practices.
Now he will lead the CFPB, the federal consumer watchdog, at least for a time. "I look forward to working with the CFPB to advance President Trump's agenda to lower costs for the American people ...
said in a Saturday statement. “Rest assured, my fellow Committee Democrats and I will continue to fight, as we have for more than 14 years, to defend the CFPB from Republican attacks and ensure ...
In fiscal 2025 the CFPB will cost taxpayers an unnecessary $1 billion. These funds are being spent on antimarket enforcement actions and regulations that actually harm consumers. And the CFPB is ...
“This letter confirms that my term as CFPB Director has concluded," Chopra wrote in a letter addressed to President Donald Trump. "I know the CFPB is ready to work with you and the next confirmed ...
The Trump administration has named Treasury Secretary Scott Bessent to be acting director of the Consumer Financial Protection Bureau after firing CFPB Director Rohit Chopra over the weekend. Trump ...
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Trump's Consumer Watchdog Freezes CFPB Activity on First Day of Job By Douglas Gillison (Reuters) - U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new ...
Now occupying both Treasury and CFPB leadership roles, Bessent replaces former CFPB Director Rohit Chopra, who revealed on Saturday that he had been fired and who had pursued aggressive ...
In a resignation letter posted on X, Chopra said watchdog agencies such as the CFPB work to enforce laws to "check the enormous influence that powerful firms have over our daily lives." ...
The head of the Consumer Financial Protection Bureau (CFPB) announced his departure on Saturday, becoming the latest Biden administration holdover official to be ousted by the Trump administration.