Biden Reportedly Taps Warren Ally Rohit Chopra to Lead Consumer Financial Protection Bureau

President-elect Joe Biden will reportedly nominate Rohit Chopra, an ally of Massachusetts Sen. Elizabeth Warren, to lead the Consumer Financial Protection Bureau.

Chopra is a member of the Federal Trade Commission (FTC), and if confirmed by the Senate would take over an agency that he helped create alongside Warren approximately a decade ago. Chopra’s selection was first reported by Politico, which cited four individuals with knowledge of the decision.

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Commentary: Elizabeth Warren’s ‘Consumer Protection’ Scam

Senator Elizabeth Warren (D-MA) may no longer be running for president, but her agency lives on.

The Consumer Financial Protection Bureau (CFPB) doesn’t want to be controlled by the Trump Administration. The Supreme Court might end the agency’s streak of independence later this year. Ostensibly, the CFPB aims to protect ordinary Americans from untoward business practices. Instead, it only advances left-wing causes and identity politics.

Warren proposed the CFPB in 2007 when she was a Harvard law professor. President Barack Obama established it in 2010. It is supposed to protect Americans from malpractice in the financial industry, yet the CFPB’s main task during the Obama Administration was fighting “disparate impact.” Disparate impact is a legal concept that considers racially disproportionate outcomes as evidence of discriminatory policies, even if the policies had no discriminatory intent and were administered objectively.

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Cordray Touts ‘Diversity’ Despite Record of Overseeing ‘Toxic and Retaliatory’ Workplace at CFPB

Richard Cordray

  Richard Cordray, the Democrat hoping to become Ohio’s next governor, has embraced all of his party’s  favorite talking points, including Hillary Clinton’s 2016 mantra “diversity is our strength.” But Cordray’s managing skills, when confronted with a diverse workforce, did not pass muster with minorities. In fact, if he were…

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Richard Cordray, Dem Candidate for Ohio Governor, Hopes to Continue Monitoring Consumers Just Like He Did at CFPB

Richard Cordray

Democratic-hopeful Richard Cordray recently announced in his bid for Ohio’s governor seat that he intends to enact failed policies from his time at the Obama administration’s Consumer Financial Protection Bureau (CFPB). In April, it was revealed that under Cordray’s direction the CFPB allegedly faced at least 1,000 different hacks, including…

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Seven Steps Next Director Can Take to Make the Consumer Financial Protection Bureau Less Awful

Kathy Kraninger

by Norbert Michel   The Trump administration has nominated Kathy Kraninger to be the next director of the Consumer Financial Protection Bureau, and Roll Call reports that her confirmation hearing was “as politically contentious as it’s gotten in the last year and a half” on the otherwise “senatorial Senate Banking Committee.” Ignore the…

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Trump Taps Kraninger for Consumer Protection Post

Kathy Kraninger

President Donald Trump plans to nominate Kathy Kraninger, associate director of the Office of Management and Budget, to head the Consumer Financial Protection Bureau, which seeks to prevent financial abuses to consumers. In a statement Saturday, the White House said Kraninger would continue the efforts of the current CFPB chief,…

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