Rohit Chopra, the man who made Wall Street’s compliance teams reach for antacids for four straight years as head of the Consumer Financial Protection Bureau (CFPB), has been handed the keys to a shiny new regulatory superagency in Sacramento, California. Tech companies and fintechs, consider this your warning.
If you thought Chopra was going to retire quietly after President Trump showed him the door at the CFPB in February 2025, you have not been paying attention.
