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News in English (USA) / 01.02.2025 / 18:00

Trump Fires Rohit Chopra as Director of Consumer Financial Protection Bureau

In a significant shake-up, former President Trump has removed Rohit Chopra from his position as the director of the Consumer Financial Protection Bureau (CFPB). This decision follows a series of critiques aimed at Chopra by banking officials, who had expressed discontent with his aggressive regulatory approach. The firing has raised questions regarding the future direction of the CFPB and potential changes in leadership within the agency. Chopra, who was seen as an advocate for consumer protection, had expected that his removal was likely, yet his departure comes at a time when discussions of new appointments and regulatory strategies are anticipated.
The Associated Press, CNN, The Wall Street Journal, The New York Times, Axios, The Washington Post, CBS News, The Hill, Reuters, American Banker