The Senate confirmed Rohit Chopra to be director of the Consumer Financial Protection Bureau, installing an agency veteran and former FTC official with a reputation as an aggressive regulator.
The Senate vote on Thursday was 50-48, with all Republicans opposing his nomination.
“Rohit will hit the ground running. He knows the agency, knows how to build support for agency actions, and will be swimming with the current of many like-minded CFPB staff,” said Michael Gordon, a partner at Bradley Arant Boult Cummings LLP and a former top CFPB official.
Chopra, a former consumer advocate, helped establish the bureau in 2010 ...
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