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Trump fires the director of the Consumer Financial Protection Bureau

President Donald Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau, in a move against a Biden administration holdover.
Chopra's tenure included removing medical debt from credit reports and limiting overdraft penalties, aiming for a fairer financial system.
Chopra was notified of his firing via email, as stated by a person familiar with the notice.
Senator Elizabeth Warren praised Chopra for holding Wall Street accountable and preventing the de-banking of Americans.

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RocketNews

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024.Matt Kelley | APPresident Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend.Bessent, a former hedge fund manager who was confirmed as head of the U.S. Trea…

20 days ago

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MSNBC

Wall Street celebrates as Trump targets consumer protections

Continuing to closely track the threat of oligarchy to democracy, this week we’re tracking Donald Trump’s firing of Rohit Chopra, the chair of the Consumer Financial Protection Bureau (CFPB). Chopra’s ouster—two years before his term was up—has drawn backlash from Democrats and advocates, who warn that the agency could become a tool of the oligarchy. Chopra spearheaded historic reforms, including removing medical debt from credit reports, cappin…

21 days ago·United States

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The Columbian

Consumer Financial Protection director fired

PALM BEACH, Fla. — President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover. Read more...

21 days ago·Vancouver, United States

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Helena Independent Record

+2 Reposted by 2 other sources

Consumer Financial Protection Bureau chief fired

PALM BEACH, Fla. — President Donald Trump fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.

21 days ago·Helena, United States

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Independent Sentinel

Trump Administration Fires Sen. Warren's Puppet in the CFPB

President Donald Trump removed Rohit Chopra from his position as Director of the Consumer Financial Protection Bureau (CFPB) on February 1, 2025. He is Sen. Warren’s puppet. Chopra is allegedly victorious against corporate malpractices like junk fees and predatory lending. They collected billions in consumer refunds. Some Republicans contend the agency bullies corporations and exports […] The post Trump Administration Fires Sen. Warren’s Puppet …

22 days ago

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The Epoch Times

Rohit Chopra Exits Consumer Protection Bureau as Agency Faces Scrutiny

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), on Saturday announced his departure from the agency, which has faced criticism from Republicans and others over claims of regulatory overreach, along with constitutional challenges to its existence. Chopra made the announcement in a letter to President Donald Trump that he also shared on social media on Feb. 1. “I hope that the CFPB will continue to be a pillar of restori…

22 days ago·New York, United States

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