Trump Axes Biden’s Head Of Consumer Financial Protection Bureau

President Donald Trump is taking a sledgehammer to the remnants of former President Joe Biden’s regime.

When a new administration enters the White House, it is normal for those who worked for the previous White House to resign, but sometimes, there are those who hang on and wait to be fired.

Rohit Chopra was one of those, but last week Trump removed him as the head of the Consumer Financial Protection Bureau.

On Saturday, the former director posted on his X account, thanking those he worked with.

“It’s been an honor serving as your (Consumer Financial Protection Bureau) Director. Every day, Americans from across the country shared their ideas and experiences with us. You helped us hold powerful companies & their executives accountable for breaking the law, and you made our work better. Thank you,” hesaid, along with a gracious letter he sent to the president thanking him and vowing to work with whoever the new director will be.

Trump picked Chopra to be a Democrat member of the board during his first stint in the White House.

Chopra had offered to stay on if the president wanted him to, but he was fired instead, Newsweekreported.

“The longer Director Chopra stays, the harder it will be for this pro-growth administration to undo the politically-driven, government-price setting agenda that former President [Joe] Biden’s appointee has engaged in over the last several years at the Bureau,” Consumer Bankers Association press secretary Weston Loyd said.

Electronic Payments Coalition executive chairman Richard Hunt said Chopra’s tenure “was marked by witch-hunts and political weaponization” of the bureau, arguing that Chopra’s policies reduced the access that “vulnerable consumers” had to financial credit.

However, Democrats said that Chopra worked to give back billions of dollars to American consumers.

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