Rohit Chopra defended the CFPB's active posture despite political changes, stating consumers still need protection from scams and financial abuse during transitions.
He emphasized that the CFPB's rulemaking is necessary to address ongoing consumer issues, stressing that bipartisan support exists for consumer protection initiatives.
Chopra rejected the notion that the CFPB should halt its work due to new political leadership, asserting that consumer protection should transcend political disputes.
He highlighted a rulemaking effort aimed at financial abuse victims, pointing out that consumer protection is not a political issue but a universal necessity.
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