Reported about 4 hours ago
President Donald Trump has fired Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), marking the latest departure of a Biden administration official. Chopra, a significant figure from the previous administration, faced criticism from the financial industry for his regulatory actions aimed at protecting consumers. His dismissal has drawn mixed responses, with some praising his efforts to hold financial institutions accountable while others argue his policies hindered access to credit. Chopra's exit raises concerns about the future of consumer protection amidst ongoing tensions between regulatory reform and business interests.
Source: YAHOO