President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.
Man detained after deadly stabbing on South Side, SAPD saysMan suffers life-threatening injuries in early morning shooting downtown, police sayHow I'm preparing for my Spain trip in 2025—with BabbelSave big on self-care and jewelry with these Insider DealsFILE - Consumer Financial Protection Bureau Director Rohit Chopra , speaks from the South Court Auditorium on the White House complex in Washington, April 11, 2022.
In his letter, Chopra noted that the bureau was ready to work with the Trump administration. He said the agency had prepared rules to block Russia, China and others from using data brokers to surveil Americans, and had put forth policies intended to prevent people from losing access to banking services for exercising their constitutional right to express their political or religious views.
Under the law, Chopra was to serve a five-year term, which meant he could have stayed on as the CFPB director. But he had publicly stated that he would leave his post if the new president asked. Chopra is an ally of Sen. Elizabeth Warren, one of Trump's favorite targets, and the Massachusetts Democrat said in a statement that if Trump and Republicans “decide to cower to Wall Street billionaires and destroy the agency, they will have a fight on their hands.” She said the bureau under Chopra had held “Wall Street accountable."
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