Summary
Trump abruptly fired Consumer Financial Protection Bureau Director Rohit Chopra, ending his tenure as a key Biden-era regulator retained from the previous administration.
Chopra oversaw sweeping reforms that removed medical debt from credit reports and limited overdraft penalties, measures widely seen by critics as regulatory overreach.
In a social media post, he thanked loyal supporters for helping the bureau hold powerful companies accountable and prepare policies to block foreign data surveillance.
Critics warned his dismissal clearly signals the end of consumer protections and a rollback of the agency’s mission.
Who needs consumer protection when the prices of groceries are so low now…
So now America is great again? Can you feel it?
I’m sure Trump will let Elonazi pick a well qualified highschool graduate run it.
Trump doesn’t care about grocery prices. That’s what the people want. He only cares about stock prices because that’s what the elite he surrounded himself with want.
If he only cares about stock prices then next week he’s in for a big disappointment.