Today, I’m talking to Rohit Chopra. He was the director of the Consumer Financial Protection Bureau (CFPB) until the end of January, when President Donald Trump fired him and Elon Musk’s Department of Government Efficiency (DOGE) began trying to dismantle the agency.
The CFPB has been around for just under 15 years now. Congress created the agency in the wake of the 2008 financial crisis to protect consumers from various kinds of lending and credit schemes that led to that crash.
Broadly…