CFPB alum Chopra to lead state consumer agency

CFPB alum Chopra to lead state consumer agency

Former CFPB head Rohit Chopra will lead a new California agency with oversight of consumer affairs and financial protection, among other duties.

Will Rohit Chopra Now Repeat CFPB Mistakes in California? History Says Yes for Fintech and Consumers

Rohit Chopra’s CFPB record suggests challenges ahead as he leads California’s new consumer agency.

Newsom taps Chopra to lead new California oversight agency

In a move seen to bolster his 2028 presidential run, California Governor Gavin Newsom named Rohit Chopra, the former director of the Consumer Financial Protection Bureau, to lead a new oversight agency; a Pine Bluff, Arkansas, bank employee was sentenced to 36 months in federal prison for bank theft; a Fairfax, Virginia, security administrator has been charged with allegedly stealing more than $6.6 million from his employer; and more in this wee…