Stock Groups

U.S. Senate votes to confirm new consumer watchdog chief By Reuters

by Mike Robinson

[ad_1]

© Reuters.

By Katanga Johnson

WASHINGTON (Reuters) – The U.S. Senate voted on Thursday to confirm Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB), a key agency for President Joe Biden’s administration as it tries to address social inequities underscored by the pandemic.

Chopra is currently a Democratic Member of the Federal Trade Commission. Progressives have praised him for his extensive history of protecting Americans from predatory financial institutions and student from insurmountable debt often incurred due to deceptive private loan offers.

Chopra is scheduled to start at the agency on next week.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. Instead, they are determined by marketmakers. As such, the prices might not reflect market conditions and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]