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Biden Expected To Pick FTC Member Chopra To Head Consumer Financial Regulator

U.S. President-elect Joe Biden is expected to nominate Federal Trade Commission member Rohit Chopra to head the Consumer Financial Protection Bureau, according to a person familiar with the new administration’s plans.

Chopra, an ally of Democratic Senator Elizabeth Warren, had been considered a top candidate for the job running the agency, which had been weakened by the administration of outgoing President Donald Trump.

A spokesperson for Biden’s transition team could not be reached for comment.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Source: News18