Senate confirms Rohit Chopra as director of the Consumer Financial Protection Bureau

[Tennessee Hillbilly]

Senators approved Chopra in a 50-48 vote. No Republican supported his nomination, reflecting long-running antagonism from the right over the very existence of the consumer bureau, which Democrats set up a decade ago to crack down on predatory lending.

Chopra, who for the last three years served at the Federal Trade Commission, is expected to revive a more aggressive posture toward the finance industry after Democrats blasted the Trump administration for weakening consumer safeguards. The agency is the brainchild of Sen. Elizabeth Warren (D-Mass.), and Chopra helped her set up the bureau after its enactment in the 2010 Dodd-Frank law.

Read more at:
https://www.politico.com/news/2021/09/30/rohit-chopra-senate-confirmed-watchdog-514841

[Hortensis]

1. Worked with Warren to create it! All right. nt

[lamp_shade]

2. Wonderful!!