Senate confirms Chopra as CFPB Director

The Senate yesterday approved the nomination of Rohit Chopra as Director of the Consumer Financial Protection Bureau (CFPB); the nomination was cleared by a 50-48 vote.

“NAFCU congratulates Rohit Chopra on his confirmation to serve as CFPB Director,” said NAFCU President and CEO Dan Berger. “Our credit union members have been at the forefront of helping consumers weather the financial impact of the pandemic. We look forward to working with Director Chopra to ensure that credit unions can continue to assist their members as the economy recovers from the impact of the pandemic.

“NAFCU will continue to advocate for an appropriate regulatory environment that allows credit unions to successfully serve their 127 million members,” concluded Berger.

 

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