Trump Yet to Remove CFPB Director Rohit Chopra, Drawing Criticism from Wall Street

Rohit Chopra, a Biden appointee, continues to lead the Consumer Financial Protection Bureau while Trump faces challenges finding a replacement.

Rohit Chopra remains as director of the CFPB nearly a week into President Trump's second term, despite expectations of his removal.
The CFPB, under Chopra, has been active in enforcement actions, including a recent settlement with Argus Information and Advisory Services over financial law violations.
Chopra has launched initiatives addressing consumer credit issues, including a request for public input on credit card interest rates, a topic Trump mentioned during his campaign.
Wall Street and conservative critics have expressed frustration over Chopra's continued tenure, citing his progressive agenda and regulatory actions against financial institutions.
Reports suggest Trump’s administration is struggling to find a willing replacement for Chopra, with several candidates declining the position.