Rohit Chopra is Director of the Consumer Financial Protection Bureau. The CFPB is a unit of the Federal Reserve System charged with protecting families and honest businesses from illegal practices by financial institutions, and ensuring that markets for consumer financial products and services are fair, transparent, and competitive.

6 days ago · PALM BEACH, Fla. (AP) — President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.. Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since Trump took office on Jan. 20.

Rohit Chopra (born January 30, 1982) is an American businessman who was the third director of the Consumer Financial Protection Bureau (CFPB) and previous member of the Federal Trade Commission (FTC). Prior to this, Chopra served as assistant director of the CFPB and as the agency's first Student Loan Ombudsman, an office created by the Dodd–Frank Act.

6 days ago · The director of the Consumer Financial Protection Bureau, Rohit Chopra, was fired on Saturday, prematurely ending a five-year term that was scheduled to run through late 2026.

6 days ago · Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.

6 days ago · Rohit Chopra, who served as the director of the consumer watchdog agency since 2021, posted a letter addressed to President Trump online, in which he said his term leading the bureau “has ...

6 days ago · Rohit Chopra, director of the Consumer Financial Protection Bureau, posted a letter Saturday on X to President Donald Trump that he would no longer serve in the role.

6 days ago · The White House on Saturday fired the head of the Consumer Financial Protection Bureau, Rohit Chopra — one of the final regulators held over from the Biden administration. Why it matters: Trump is the first president to fire a leader of the CFPB.The Supreme Court in 2020 ruled the agency's structure was unconstitutional and said presidents could fire directors at will.

Mar 6, 2024 · Rohit Chopra is the director of the Consumer Financial Protection Bureau (CFPB). Nominated by President Joe Biden, Chopra was confirmed by the Senate on Sept. 30, 2021.

Jun 13, 2024 · Today, I’d like to highlight the pressing need for Congress and the CFPB to address the protection of personal data and financial privacy in an increasingly digital marketplace. The United States must lead when it comes to a competitive and innovative market.