Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, a person with knowledge of the matter said.“This letter confirms that my term as CFPB director has concluded,

Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since President Trump took office on Jan. 20.

US President Donald Trump has fired Rohit Chopra, who was appointed the head of the Consumer Financial Protection Bureau (CFPB) by former President Joe Biden. In a letter to Trump on Saturday, Chopra acknowledged that his term as the director of the CFPB “has concluded”.