Oversight and Investigations Subcommittee Examines CFPB’s Chopra-era Assault on Disfavored Industries

Today, the Subcommittee on Oversights and Investigations, led by Chairman Dan Meuser (PA-09), held a hearing examining the Consumer Financial Protection Bureau’s (CFPB’s) broad authority, its regulation by enforcement scheme under former Director Rohit Chopra, and the harm these actions have caused to working-class Americans.

Before the hearing, Subcommittee Chairman Meuser sent a letter to the Acting Inspector General of the CFPB requesting an investigation into former CFPB Director Rohit Chopra’s unlawful expansion of the CFPB’s statutory authority and weaponization of the Bureau.