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.
this was a good example of the many things I liked about the biden administration and why I have said on multiple occasions that he was the best president of my lifetime. So as crazy as this is for all of you realize for me the worst was chosen over the best.