Trump Axes Biden’s Head Of Consumer Financial Protection Bureau
Electronic Payments Coalition executive chairman Richard Hunt said Chopra’s tenure “was marked by witch-hunts and political weaponization” of the bureau, arguing that Chopra’s policies reduced the access that “vulnerable consumers” had to financial credit.
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
President Trump has tapped Treasury Secretary Scott Bessent as the acting chief of the Consumer Financial Protection Bureau (CFPB). “I look forward to working with the CFPB to advance President ...
The change in leadership could portend radical changes at one of the nation’s most powerful consumer watchdog agencies.
The Associated Press on MSN12d
The head of a federal agency for consumers has packed up his office. But will Trump fire him?Copyright 2025 The Associated Press. All Rights Reserved. Consumer Financial Protection Bureau Director Rohit Chopra, ...
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
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