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Senate Advances Chopra Nomination As CFPB Director

Senate Advances Chopra Nomination As CFPB Director

By a vote of 50 to 48, the Senate approved the nomination of Rohit Chopra to be director of the Consumer Financial Protection Bureau for a five-year term. 

Chopra has served since 2018 on the Federal Trade Commission, but he also has prior experience at the CFPB, which he joined in 2011 to investigate industry abuses in the student lending market.

At his confirmation hearing in March, Chopra told Senate lawmakers that as head of the CFPB, he would fight for consumers who are struggling with debt as the pandemic stretches on, and would work to protect them from potential abuses by lenders or threats to data privacy.

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Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.