Senate confirms Rohit Chopra as head of the Consumer Financial Protection Bureau

Chopra, 39, would serve a five-year term at the helm of the state consumer protection agency. He has a long history with CFPB, which was founded from 2007 to 2008 after the financial crisis. He worked closely with Senator Elizabeth Warren (D-Mass.) To set up the office and then joined it in 2011 to investigate industry abuses in the student loan market.

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