CFPB Poised For Get-Tough Approach Under Chopra

By Jon Hill (January 19, 2021, 10:40 PM EST) -- In tapping Rohit Chopra for the top job at the Consumer Financial Protection Bureau, financial services attorneys say President-elect Joe Biden has selected a candidate who's markets-oriented, data-driven and likely to steer the agency toward a more dynamic, assertive approach to consumer protection.

Federal Trade Commission member Rohit Chopra is on tap to lead the Consumer Financial Protection Bureau. (AP Photo/Susan Walsh) Chopra, a former CFPB official who is currently serving as a member of the Federal Trade Commission, was announced Monday as Biden's nominee to succeed Kathleen Kraninger as director of the financial industry watchdog, a powerful regulatory position that...

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