Indian American to lead US Consumer Financial Protection Bureau

Prior to joining the government, Rohit Chopra worked in the financial services, health care, and consumer technology industries at McKinsey & Company

Indian American to lead US Consumer Financial Protection Bureau
Rohit Chopra

The US Senate has confirmed Indian-American financial expert Rohit Chopra to be the next Director of the Consumer Financial Protection Bureau (CFPB). Chopra, 39, will serve a five-year term at the helm of the federal consumer watchdog.

Vice President Kamala Harris cast a tiebreaker vote as Republicans came together to oppose Chopra's nomination. The Senate voted 50 to 48 on Sept 30 to confirm Chopra to be the head of the federal agency tasked with protecting the interests of consumers. He would be succeeding Kathleen Laura Kraninger, who resigned in January at the request of President Joe Biden.