Despite expectations to the contrary, Rohit Chopra faced little in the way of hostile questioning by Republican members of the Senate Banking Committee at the hearing yesterday on his nomination by President Biden as CFPB Director. It is possible Republican members took a less aggressive approach in questioning Mr. Chopra in order to devote more
chopra
Senate Banking Committee releases prepared statement of CFPB Director nominee Rohit Chopra
In advance of his confirmation hearing tomorrow, the Senate Banking Committee has released the prepared statement of Rohit Chopra, President Biden’s nominee for CFPB Director.
The brief statement highlights several areas on which Mr. Chopra is likely to focus his attention as CFPB Director. He raises concern about the financial difficulties faced by consumers as…
This week’s podcast: The times at the CFPB are a-changing: perspectives on the CFPB under Acting Director David Uejio and Director Rohit Chopra: Part II
In Part II of our two-part podcast, we discuss how we expect Rohit Chopra, if confirmed by the Senate, to approach his new role as CFPB Director. We look at the possible implications of positions taken by Mr. Chopra as FTC Commissioner for how he will use the CFPB’s statutory authorities, his likely approach to…
Chopra confirmation hearing reported to be scheduled for March 2
According to the Consumer Bankers Association, the Senate Banking Committee will hold a hearing on March 2, 2021 to consider President Biden’s nomination of Rohit Chopra to serve as CFPB Director. The nomination was officially received by the Senate on February 13.
This week’s podcast: The times at the CFPB are a-changing: perspectives on the CFPB under Acting Director David Uejio and Director Rohit Chopra: Part I
In Part I of our two-part podcast, we are joined by special guest former CFPB Director Richard Cordray. After discussing the process of transitioning to new leadership, Mr. Cordray shares his thoughts on how Mr. Uejio and, if confirmed by the Senate, Mr. Chopra, are likely to approach their new leadership roles at the CFPB…
Expected changes at CFPB under new leadership highlighted in Ballard Spahr webinar
For our webinar last week, “The Times at the CFPB are A-Changing: Perspectives on the CFPB Under Acting Director Uejio and Director Chopra,” we were joined by special guest former CFPB Director Richard Cordray. The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs. Chopra and Uejio…
Ballard Spahr to hold Feb. 2 webinar on the CFPB under Acting Director Uejio and Director Chopra, with special guest Richard Cordray
This week has brought 3 major events at the CFPB: the resignation of Director Kraninger, President Biden’s nomination of Rohit Chopra to serve as the next Director, and President Biden’s appointment of David Uejio to serve as Acting Director.
On Tuesday, February 2, 2021, from 12:30 p.m. to 1:30 p.m. ET, Ballard’s Consumer Financial Services…
David Uejio named Acting CFPB Director
Following Director Kraninger’s resignation yesterday, the White House announced that President Biden has appointed David Uejio to serve as Acting CFPB Director.
Mr. Uejio currently serves as the Bureau’s Chief Strategy Officer. He has worked at the Bureau since 2012, previously having served as Acting Deputy Chief of Staff and Lead for Talent Acquisition. Since…
CFPB Director Kraninger reported to have resigned; President Biden expected to appoint Acting Director
According to media reports, Director Kraninger has submitted her resignation to President Biden. President Biden has nominated Rohit Chopra to serve as the CFPB’s next Director and is expected to appoint an individual to serve as Acting Director pending Mr. Chopra’s confirmation by the Senate.
Several media reports have indicated that Mr. Chopra could serve…
President-elect Biden nominates Rohit Chopra to serve as CFPB Director
The Biden Transition has announced that President-elect Biden has nominated Rohit Chopra to serve as CFPB Director.
Mr. Chopra currently serves as an FTC Commissioner, having been appointed by President Trump in 2018 to fill one of the Democratic seats on the FTC.
The nomination of Mr. Chopra as Director will return him to the…