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Chopra axed at CFPB, Bessent steps in as Acting Director

Rohit Chopra
Rohit Chopra. Photo: Ken Nishimura/Getty Images

Alexander Barzacanos

2 min read
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After widely-predicted move, Bureau will dissolve several pending cases and place activist disposition on ice.

President Donald Trump has fired Rohit Chopra, the director of the Consumer Finance Protection Bureau (CFPB), whose term was set to expire in October 2026.

Chopra’s temporary replacement will be Treasury Secretary Scott Bessent, who will lead the CFPB until a permanent director is appointed.  

The CFPB was created

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