WASHINGTON—President-elect Joe Biden is expected to nominate Rohit Chopra, the former student-loan watchdog at the Consumer Financial Protection Bureau, to lead the agency, according to people familiar with the matter.
If confirmed, Mr. Chopra would replace Kathy Kraninger, a Trump-appointed official who has run the bureau since 2018. The decision to tap Mr. Chopra, a Democrat currently serving as a member of the Federal Trade Commission, was expected to be announced along with that of Gary Gensler, Mr. Biden’s expected choice to lead the Securities and Exchange Commission, the people said.
Reform it into a board first to give it 100% constitutional tag and appoint commissioners. No need to rush this
BankReformNow also liked this idea, so did Australian Senators like SenatorSurfer, JoinHelen. Can you think of a reason why Victorian officials from b/gnds in banking and audits were after those who wanted a CFPB in Australia BanksGoneBadAus BankSigForgeCam
Not Elizabeth pochohantas?
I guess that’s good. But what about Elizabeth Warren... is she too strong and independent in her thinking?
95% only bad news(
Seems like a great step to me 👏🏻