Economic Liberties Celebrates Rohit Chopra’s Confirmation to the CFPB, Thanks Him for His Exceptional Leadership at the FTC
Washington, D.C. — The American Economic Liberties Project released the following statement in response to Rohit Chopra’s confirmation as Director of the Consumer Financial Protection Bureau (CFPB).
“We are thrilled to see Chopra carry forward the anti-monopoly fight at the Consumer Financial Protection Bureau, an agency he helped build following the 2008 financial crisis, and are enormously grateful for his transformational leadership at the Federal Trade Commission,” said Sarah Miller, Executive Director of the American Economic Liberties Project. “At the FTC, Chopra ushered in a new era of accountability at an agency that for decades was a handmaiden to the powerful, making clear that laws were not suggestions. He was essential to the launch of the FTC’s bipartisan, ongoing antitrust suit against Facebook and led myriad efforts to protect consumers, working people, and honest businesses from abusive corporate power that didn’t necessarily make splashy headlines. Chopra represents the pinnacle of public service — a clear-eyed fighter against extreme and abusive corporate power, a champion for workers, small businesses, and local communities, and a brilliant policymaker eager to wield his authority to build a fairer, more dynamic economy. We thank him for his unfailing dedication to advancing economic justice and look forward to working with him in his new role.”
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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.