Summary

Trump abruptly fired Consumer Financial Protection Bureau Director Rohit Chopra, ending his tenure as a key Biden-era regulator retained from the previous administration.

Chopra oversaw sweeping reforms that removed medical debt from credit reports and limited overdraft penalties, measures widely seen by critics as regulatory overreach.

In a social media post, he thanked loyal supporters for helping the bureau hold powerful companies accountable and prepare policies to block foreign data surveillance.

Critics warned his dismissal clearly signals the end of consumer protections and a rollback of the agency’s mission.

  • Turret3857
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 year ago

    Thats odd, Ive never heard of a Credit Union that Doesnt have checking.

    • Fredselfish@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Didn’t say they didn’t have that. Saying I been denied a checking they will only offer me a savings which is useless to me.