Rohit Chopra

From MarketsWiki
Jump to navigation Jump to search


RCGLogo-400px.jpg


Rohit Chopra
Occupation Head
Employer Consumer Financial Protection Bureau
Location Washington, D.C.

Rohit Chopra is the head of the Consumer Financial Protection Bureau. He was chosen for that role in October 2021 by President Joe Biden and narrowly confirmed by the U.S. Senate. Republicans were united in opposition to Chopra.

Chopra was previously a commissioner at the U.S. Federal Trade Commission, a role he held starting in May 2018.

Background[edit]

Chopra held one of the Democrat seats on the Federal Trade Commission. He often using his position to advocate for higher penalties and enforcement against companies found to have committed wrongdoing. The Senate had been controlled by the GOP in 2018 when it unanimously confirmed Chopra as FTC commissioner, a point Democrats made during debates about his nomination.[1]

Chopra was brought on to the CFPB previously, when it was just being launched, by Elizabeth Warren, a Harvard professor at the time, to help start up the bureau. He held several high-ranking positions at the CFPB during the Obama administration, including student loan ombudsman.[2]

Education[edit]

Chopra earned a BA from Harvard and an MBA from the University of Pennsylvania's Wharton School.

References[edit]

John Lothian News logo1.png

JLN News Feed

Bourse operator Cboe to buy digital asset exchange ErisX; Stock Fear Gauge Defies Bond Turmoil. Here Are Four Reasons Why

View Page

ErisX
Cboe Global Markets announced it has agreed to acquire Eris Digital Holdings, LLC (ErisX), giving Cboe the opportunity to enter the digital asset spot and derivatives markets.

View Page

Cboe Agrees to Acquire ErisX, Entering Digital Asset Space with Spot, Derivatives and Clearing Platform
First Read $53,806/$300,000 (17.9%) ++++ Hits & Takes John Lothian & JLN Staff Here is the official SEC staff report on Gamestop: “Staff Report on Equity and Options Marke...

View Page

Cboe’s Global Reach Into EU and Asia Gets Ready Assist From EVP Dave Howson – Part 1
When Dave Howson took on the role of EVP and president, Europe and Asia Pacific at Cboe Global Markets in January 2020, two major external events -- the U.K.’s transition away from the EU and the g...

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.