February 03, 2021

Readout of Incoming Chair Brown’s Meeting with Rohit Chopra to be Director of the Consumer Financial Protection Bureau (CFPB)

WASHINGTON, D.C. — U.S. Sen. Sherrod Brown (D-OH) – incoming chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – released the following readout after he met with FTC Commissioner Rohit Chopra, President Biden’s nominee for Director of the Consumer Financial Protection Bureau (CFPB):

“Rohit Chopra is the kind of bold and experienced person we need to serve as the next Director of the Consumer Financial Protection Bureau. During our meeting, we discussed his plans to rebuild the CFPB after the Trump Administration weakened the agency, as well the agency’s plans to protect consumers – and in particular homeowners – during and after the pandemic. We also discussed the importance of the CFPB’s role in rooting out illegal discrimination and ensuring a fair and equitable market for consumer financial products and services,” said Brown.  “I am confident in Mr. Chopra’s ability to lead the agency and look forward to what we can accomplish together to address racial inequities and help American families during this pandemic.”