Wall Street’s most hated regulator, Rohit Chopra faces a fundamental threat

Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), is facing a potential threat to his agency’s power as the Supreme Court considers a case that could upend the bureau and its funding structure. Chopra’s aggressive approach to regulating the financial industry has made him a hero to consumer advocates and a scourge to banks and lenders. However, critics argue that the CFPB has become politicized and gone rogue.

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