Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
Massachusetts Senator Elizabeth Warren has been a prominent voice in the Democratic Senate caucus. The consumer rights proponents recently went viral for her tough questions to Robert F. Kennedy Jr. during his confirmation hearing for Health and Human Services Secretary.
The director of the Consumer Financial Protection Bureau ... He's an ally of Sen. Elizabeth Warren, D-Mass., one of President Donald Trump’s favorite targets. Chopra has already packed up ...
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he’s getting fired.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
President Donald Trump’s firings sets up another major legal clash over Congress’ power to put limits on the removal of federal officials.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
News Briefs - Hospitals Urged to Check for Accuracy as AI Use Increases -About 65 percent, or 1,696, of U.S. hospitals surveyed reported
Complaints about unfair and unexplained closures are rising. Banks say they never close accounts for political reasons.
In a lengthy letter to the chair of DOGE, billionaire Elon Musk, that was first reported by Time , Warren highlighted that "you have publicly called for sizable cuts in funding—from $500 billion in annual spending to 'at least' $2 trillion in cuts to federal spending—although recently, you said you may not actually be able to meet that goal."
Chopra is a somewhat surprising person from the Biden administration to keep his job so far. Republicans have long been opponents of the CFPB as an agency.