Rohit Chopra
American consumer advocate (born 1982) / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Rohit Chopra?
Summarize this article for a 10 year old
Rohit Chopra (born January 30, 1982) is an American consumer advocate who is the third director of the Consumer Financial Protection Bureau (CFPB) and previous member of the Federal Trade Commission (FTC). Prior to this, Chopra served as assistant director of the CFPB and as the agency's first Student Loan Ombudsman, an office created by the Dodd–Frank Act.[1]
Rohit Chopra | |
---|---|
3rd Director of the Consumer Financial Protection Bureau | |
Assumed office October 12, 2021 | |
President | Joe Biden |
Preceded by | Kathy Kraninger |
Commissioner of the Federal Trade Commission | |
In office May 2, 2018 – October 12, 2021 | |
President | Donald Trump Joe Biden |
Preceded by | Joshua D. Wright |
Succeeded by | Alvaro Bedoya |
Personal details | |
Born | (1982-01-30) January 30, 1982 (age 42) Plainfield, New Jersey, U.S. |
Political party | Democratic |
Education | |
Signature | |
In 2017, President Donald Trump nominated Chopra to fill the open Democratic seat on the Federal Trade Commission (FTC).[2] Chopra was unanimously confirmed by the U.S. Senate,[3] and was sworn in on May 2, 2018.[4] As a member of the FTC, Chopra supported agency efforts to scrutinize the practices of Big Tech companies such as Google and Facebook.[5]
Considered an ally of Senator Elizabeth Warren,[6] under whom he served at the CFPB, Chopra favors stronger oversight of banks and other financial institutions.[7] In 2021, he was chosen by President Joe Biden to serve as Director of the Consumer Financial Protection Bureau.[8][9] Chopra is closely associated with efforts to reform the system of student loans in the United States.[10][11]