For Immediate Release
Public Citizen Statement on Biden's Nomination of Rohit Chopra as CFPB Director
WASHINGTON - News reports indicate President-elect Joe Biden will nominate Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB). Robert Weissman, president of Public Citizen and executive vice president, Lisa Gilbert, released the following statement in response:
“Financial predators, watch out. Rohit Chopra has proven himself a dedicated consumer champion and passionate defender of Main Street Americans against corporate wrongdoing. He will be an extraordinary director of the Consumer Financial Protection Bureau.
“Consumers can rest just a little bit easier knowing that the Consumer Financial Protection Bureau will not just be on their side, but aggressively establishing rules to stop ripoffs and enforcing the rules against financial cheats and scamsters.
“At a time when the nation is facing a racial justice reckoning, it’s worth being explicit that financial predators disproportionately impact – and not infrequently deliberately target – Black and Brown communities. Chopra’s appointment is great news for all consumers, but especially for people of color.”
This is the world we live in. This is the world we cover.
Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.
Please select a donation method:
Public Citizen is a national, nonprofit consumer advocacy organization founded in 1971 to represent consumer interests in Congress, the executive branch and the courts.