[Congressional Record Volume 167, Number 163 (Tuesday, September 21, 2021)]
[Senate]
[Page S6558]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       NOMINATION OF ROHIT CHOPRA

  Mr. SCHUMER. Mr. President, now, in addition to keeping our 
government open and maintaining our government's full faith and credit, 
Senate Democrats will also continue working this week on confirming 
even more of President Biden's nominees to the bench and to his 
administration.
  For the information of my colleagues, later today, I will move to 
file a discharge petition on the nomination of Rohit Chopra to serve as 
Director of the Consumer Finance Protection Bureau. In the wake of the 
financial crisis of 2008, the CFPB was created under the Obama 
administration with a simple mandate: protect American consumers from 
predatory financial practices.
  Rohit Chopra is the right man to lead this Agency after it languished 
under the Presidency of Donald Trump. Trump didn't really care about 
the average person being taken advantage of by the big financial 
institutions, despite his claim he is a working-class President. Mr. 
Chopra, on the other hand, has a long history of defending student loan 
borrowers from unscrupulous for-profit colleges and already served in 
the CFPB under President Obama, where he was defending the rights of 
middle-class people who might be taken advantage of by rapacious 
financial institutions. He has the experience; he has the dedication; 
and he will have the support of Senate Democrats when his nomination is 
brought to the floor this afternoon or later this week.

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