New Jersey Citizen Action Calls on Senate to Confirm Chopra

President Biden’s nominee to head the Consumer Financial Protection Bureau (CFPB) will advance to the Senate floor for a vote following a 12–12 tie vote in the Senate Banking Committee. Under Senate rules, even though there was a tie in the committee vote, the Majority Leader (Chuck Schumer) can move the nomination to the floor for a vote by the full Senate.

Consumer advocacy groups have been supportive of Chopra since his nomination. For example, representatives of Americans for Financial Reform weighed-in with these remarks:

We applaud the nomination of Rohit Chopra to lead the CFPB. His commitment to consumer protection, his effectiveness at using the tools of government to serve the public interest, and his willingness to challenge powerful corporate interests when necessary are exactly what the Bureau needs to fulfill its crucial consumer protection mission.

The CFPB has an incredibly important job to do, including stopping financial rip-offs, fighting discrimination, ending predatory lending, halting debt collection abuses, insisting on corporate accountability and much more. Right now, it also has an urgent role to play in helping families survive and recover from the pandemic-induced economic crisis, especially in Black and Latinx where people have been hardest hit, in concert with the incoming Administration’s broad rebuilding agenda.

Now, New Jersey Citizen Action is pushing for Chopra’s confirmation by the full Senate…