ROHIT CHOPRA

Feb 02 2025POLITICS

A Change at the Top for Consumer Finance

The Consumer Financial Protection Bureau (CFPB) is now looking for a new leader. Rohit Chopra, the agency's former head, stepped down after President Donald Trump decided to let him go. Chopra had been in charge of the CFPB, which acts as a watchdog for consumer finances, and he had a lot of disagreements with the financial industry. Chopra’s resignation was...

reading time about 1 minute
Feb 01 2025POLITICS

Fired: The Fall of CFPB's Chopra

Rohit Chopra's time as the head of the Consumer Financial Protection Bureau (CFPB) came to an end when President Trump decided to let him go. Chopra's journey at the CFPB saw him push for changes that the financial industry didn’t always love. He tried to remove medical debt from credit reports and stop banks from charging too much for overdraft. Some...

reading time about 2 minutes