Rohit Chopra takes a step toward leading the CFPB in Senate vote

Chopra, 39, stands to serve a five-year time period on the helm of the federal shopper watchdog. He has an extended historical past with the CFPB, which was created within the aftermath of the 2008-2009 monetary disaster. He labored with Sen. Elizabeth Warren (D-Mass.) on establishing the bureau, then joined it in 2011 to research business abuses within the scholar lending market. There, he referred to as out non-public scholar lenders for what he referred to as their mistreatment of debtors and helped lay the muse for President Barack Obama’s Scholar Help Invoice of Rights. | Rohit Chopra takes a step towards main the CFPB in Senate vote


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