NACA in the News: Biden’s CFPB nominee Rohit Chopra brings ‘substantive’ regulatory expertise

NBC News, Biden’s CFPB nominee Rohit Chopra brings ‘substantive’ regulatory expertise

“‘Consumer safeguards, enforcement and general monitoring of the financial marketplace, arguably, were mediocre,’ said Christine Hines, legislative director for the National Association of Consumer Advocates. ‘The Bureau became more sympathetic to the regulated entities to the detriment of consumers,’ she said — a stance observers predict will be the first thing to go.”