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2022-07-12 Government Corruption

While Biden Blunders, CFPB Director Rohit Chopra Is Working to Massively Expand the Regulatory State

[Red State] It’s no secret that the Biden administration has made a mess of things — and it’s not just Joe. Kamala can’t get a coherent sentence out of her mouth and has done precisely nothing about the border crisis. Pete Buttigieg is apparently unbothered by continuing supply chain issues, and it seems that no one at the FDA is worried about babies being able to eat since it’s still difficult to find baby formula on store shelves (I know; I checked last night). In the midst of this chaos, while all of us have been focused on just getting by, Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra has been busy installing allies in various regulatory agencies and working to massively expand the size and reach of the federal government — and his own power base — essentially in the shadows.

He’s being driven out of the shadows now, partly thanks to the US Chamber of Commerce, which "launched an extensive campaign to expose and defeat Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra’s ideologically driven agenda to radically change the nature of America’s financial services industry" on June 28. In a press release, the Chamber alleges that "If [Chopra is] allowed to proceed, his agenda would harm consumer choice and innovation."

Elizabeth Warren and her lefty colleagues have been working on radically changing the nature of our financial services industry for years, and while the Chamber and business groups have repeatedly sounded the alarm, this campaign is definitely taking it to the next level. What makes Chopra and his actions any different from what we’ve already seen? According to the Chamber:

Posted by Besoeker 2022-07-12 05:05|| || Front Page|| [11132 views ] Top

#1 Soviet Central Planning

[it'll work this time]

btw US Chamber of Commerce supporters of open borders and unlimited 1HB visas.
It's a pity they both can't lose.

Posted by Procopius2k 2022-07-12 07:23|| 2022-07-12 07:23|| Front Page Top

#2 Mr. Chopra was appointed to his previous position by President Trump — he didn’t bat 100% on his personnel choices, we see once again. It must be quite a shock for the administration to find themselves attacked because of him now.

Glad to see the Chamber of Commerce stepping up — the letter they sent out is a doozy.

Posted by trailing wife 2022-07-12 10:07|| 2022-07-12 10:07|| Front Page Top

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