Trump Fires Chopra, Bessent Freezes CFPB’s Overreach Machine

The bureaucratic empire that Rohit Chopra built at the Consumer Financial Protection Bureau (CFPB) was destined to crumble under the weight of its own excesses. From the moment he took the helm, Chopra ruled the agency as an unaccountable overlord, brandishing the regulatory hammer to bludgeon financial institutions into compliance with a progressive ec…