Trump Removes Director of Consumer Financial Protection Bureau

Rohit Chopra
by Nicholas Ballasy

 

President Donald Trump has removed the director of the Consumer Financial Protection Bureau, Rohit Chopra, who announced his departure on Saturday in a lengthy letter posted to X.

“Every day, Americans from across the country shared their ideas and experiences with us,” Chopra posted.

“You helped us hold powerful companies & their executives accountable for breaking the law, and you made our work better,” he added.

“This letter confirms that my term as CFPB Director has concluded. I know the CFPB is ready to work with you and the next confirmed Director, and we have devoted a great deal of energy to ensure continued success,” he wrote.

Sen. Elizabeth Warren, D-Mass., who helped create the agency when former President Obama was in office, reacted to Chopra’s departure on social media.

“If President Trump is serious about lowering costs and capping credit card interest rates, he needs a strong CFPB and a strong CFPB Director,” she said in a video posted on Bluesky. “If he and Republicans decide to cower to Wall Street billionaires and try to destroy the agency, they will have a fight on their hands.”

Chopra had previously said he would leave his post early if Trump asked. CFPB directors are able to serve a five-year term.

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Just the News reporter Nicholas Ballasy has been breaking news for more than a decade in the nation’s capital and questioning political leaders about the most pressing issues facing the nation. Since 2008, Ballasy has interviewed former President Bill Clinton, House Speaker Nancy Pelosi, former President Donald Trump, Sen. Mitt Romney, Sen. Bernie Sanders, Sen. John McCain, former Secretary of State Hillary Clinton, former Vice President Al Gore, former House Speaker Newt Gingrich and more. 
Photo “Rohit Chopra” by CFPB and “CFPB Office” by Ted Eytan CC2.0.

 

 


Reprinted with permission from Just the News

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2 Thoughts to “Trump Removes Director of Consumer Financial Protection Bureau”

  1. Joe Blow

    A prime example of the very bloated federal government.

  2. JoeyJay

    Well if it started under Obama, that speaks for itself.

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