Former CFPB Director Rohit Chopra lands new consumer watchdog role

by Sarah Wolak

Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB) and a previous member of the Federal Trade Commission, has landed a new job.

According to reporting from Bloomberg on Tuesday, a coalition of Democratic state prosecutors called The Progressive State Leaders Committee (PSLC) has hired Chopra to lead its Consumer Protection and Affordability Working Group.

The group “advocates for progressive policies that promote justice, fairness, and equity,” per its website. In his role. Chopra will “work with state attorneys general to craft and promote policies that make life more affordable for Americans, protect people’s personal data, and defend consumers from online abuses,” per an Instagram post from the committee.

The news comes almost a year after Chopra was dismissed from the CFPB in February 2025.

Bloomberg called the PSLC’s choice for Chopra to lead the group an “aggressive stance” since Chopra, who was appointed in 2021 by former President Joe Biden to serve as the CFPB’s director, was a central target of criticism due to his strict regulatory approach under that administration.

During his tenure at the agency, Chopra built a reputation for identifying little-used federal powers to expand the bureau’s reach, an approach that often led to accusations against him and the agency for overstepping their powers.

Under the second Trump administration, the future of the CFPB has been in question. After dismissing Chopra, Trump appointed Treasury Secretary Scott Bessent as acting director, who immediately instructed staff to “stop working.”

Trump replaced Bessent a week later with Russell Vought and later nominated Jonathan McKernan to lead the bureau. McKernan was never confirmed and instead won Senate approval in October to serve as the undersecretary for domestic finance at the U.S. Department of the Treasury.

As acting director, Vought has suspended most CFPB operations and is fighting in court to dismiss 90% of the agency’s staff.

In November, the administration said the CFPB, which only expects to have enough funds to continue operations through Dec. 31, 2025, is legally barred from requesting additional money from the Federal Reserve, which is typically the agency’s primary source of funding.

Royce Abbott
Royce Abbott

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