Former President Joe Biden’s appointee to lead the Consumer Financial Protection Board (CFPB) is still in office, but his head might be the next on President Donald Trump’s chopping block.
Rohit Chopra, who was nominated to an open Democratic seat on the CFPB by Trump in 2017, was elevated to director by Biden in 2021, giving him a fresh five-year term.
But in 2020 the U.S. Supreme Court determined that presidents possess the authority to fire the CFPB director with or without cause. Trump’s allies, emboldened by his mandate-driven reshaping of the executive, want Chopra gone.
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Chopra is a protégé of Trump nemesis Sen. Elizabeth Warren (D-MA), and many of his policy positions align with Warren and the radical left.
The Consumer Bankers Association (CBA), a trade…
