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Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight

Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight

by Phil Hall | Jan 31, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Trump administration is reportedly ready to fire Rohit Chopra, the Biden-era appointee serving as director of the Consumer Financial Protection Bureau (CFPB), and it is also considering shifting oversight of the agency to either the US Department of the Treasury...
Sen. Ted Cruz Introduces Defund the CFPB Act

Sen. Ted Cruz Introduces Defund the CFPB Act

by Phil Hall | Jan 30, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Sen. Ted Cruz (R-TX) has introduced legislation that would reduce the statutory funding cap for the Consumer Financial Protection Bureau (CFPB) to $0. When the CFPB was created in 2010 under the Dodd-Frank Act, the agency was designed to receive its funding directly...
Report: Trump Team Having Difficulty Securing a New CFPB Director

Report: Trump Team Having Difficulty Securing a New CFPB Director

by Phil Hall | Jan 27, 2025 | Current News & Events, Industry Updates, Market Snapshot, Real Estate News, WRE News Exclusive

A new report has stated the continued presence of Biden administration-appointee and Sen. Elizabeth Warren ally Rohit Chopra as the director of Consumer Financial Protection Bureau (CFPB) is due to the inability of the Trump administration to find someone to take over...
Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director

Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director

by Phil Hall | Jan 24, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Wall Street Journal has called on President Trump to dismiss Rohit Chopra from his position as director of the Consumer Financial Protection Bureau (CFPB). Chopra, a Biden administration appointee and a political ally of Sen. Elizabeth Warren (D-MA), did not...
CFPB’s Chopra: ‘Ready to Hand Off the Baton’ if Trump Fires Him

CFPB’s Chopra: ‘Ready to Hand Off the Baton’ if Trump Fires Him

by Phil Hall | Jan 23, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Rohit Chopra, is ready to depart from his job as the director of the Consumer Financial Protection Bureau (CFPB) – but as of this writing, the Biden-appointed regulator is still at work because President Trump has not named a new director for the agency. In an...
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