Statement: A true consumer’s champ clears hurdle to serve as CFPB director

U.S. PIRG

Senate confirms FTC Commissioner Rohit Chopra to lead Consumer Bureau

WASHINGTON — Rohit Chopra will be the new director of the Consumer Financial Protection Bureau (CFPB). By a vote of 50-48 on Thursday, the Senate confirmed that the Federal Trade Commission (FTC) commissioner will take on the top position at the CFPB. 

Mike Litt, U.S. PIRG’s consumer campaign director, issued the following statement:

“You could call Rohit Chopra the ‘consumer’s champion.’ We’re excited to call him ‘director.’ 

“He helped set up the CFPB from Day 1, ran its student protection office, and unapologetically stood up for all of us as an FTC commissioner.  

“We’ve been waiting for Chopra’s confirmation for more than 220 days since President Biden nominated him.

“In the meantime, CFPB Acting Director Dave Uejio has done a great job getting the Bureau back on track after it stagnated under the Trump Administration. Now, with Chopra in the driver’s seat, the CFPB will be running on all cylinders.

“Next, we look forward to the Senate confirming both Uejio as an assistant secretary of the Department of Housing and Urban Development and digital rights expert Alvaro Bedoya as an FTC commissioner to replace Chopra.”