Donald Trump Has Tools to Fire Powerful Financial Regulator in Term Two

By Yahoo! Finance | Nov 6, 2024 at 01:43 PM EST

Rohit Chopra's aggressive actions against illegal practices made him a consumer advocate but also a target for lenders. With Trump's return, his position as head of the CFPB is at risk. Businesses aim to weaken regulations by removing him, which could impact critical banking oversight.

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