Trump fires CFPB head Rohit Chopra
President Donald Trump Rohit Chopra, Director of the Consumer Financial Protection Office (CFPB). in A message published to X“His term as CFPB director has ended.” Chopra was notified of his removal via an email from the White House, according to Report from Associated Press.
Trump was Widespread Chopra wrote in his letter: “To shoot Chopra before the exit period ended in October 2026.” With a lot of strength in the hands of a few, agencies like CFPB were not more important, “Chopra wrote in his letter.” “
Since he took office last month, Trump paid many officials appointed by the Biden administration, to replace them with his allies. Elon Musk, who leads the government Efforts to reduce spendingHe said We must “delete” CFPB last year.
Senator Elizabeth Warren (D-MA) He responded to the departure of Chopra By saying that Trump will need a “strong CFPB and a powerful CFPB manager” to achieve the goals of determining the interest rates of credit cards and reducing costs. “If President Trump and the Republicans decide to wander around the billionaires in Wall Street and destroy the agency, they will face a battle at their hands,” Warren said.