September 30, 2021
WASHINGTON— The United States Senate today confirmed Rohit Chopra as Director of the Consumer Financial Protection Bureau. National Consumer Law Center Associate Director Lauren Saunders made the following statement:
“We welcome Rohit Chopra as Director of the CFPB. Chopra has deep experience and a track record of working to protect consumers from his days at the CFPB Student Loan Ombudsman to his work on issues posed by technology and scams as a Commissioner at the Federal Trade Commission. He knows the importance of confronting problems old and new and ensuring that the CFPB is a strong watchdog on behalf of consumers. Acting Director Dave Uejio has set the CFPB on the right track and done a lot of groundwork for Chopra so he can hit the ground running.
“Chopra will bring the creativity, insight, commitment, and deep knowledge that is needed to protect consumers and stop unfair, deceptive, and abusive practices in today’s pressing problems — from protecting homeowners, tenants and students struggling with the COVID economic crisis to addressing racial injustices through the financial system to stopping old abuses like overdraft fees and credit reporting problems and new ones like fintech evasions. We look forward to working with him.”
The nonprofit National Consumer Law Center® (NCLC®) works for economic justice for low-income and other disadvantaged people in the U.S. through policy analysis and advocacy, publications, litigation, and training.