WASHINGTON, DC – Congressman Bryan Steil (WI-01) released the following statement regarding President Donald J. Trump’s firing of Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra and naming of Treasury Secretary Scott Bessent as acting director of the CFPB:
“Under former Director Chopra’s tenure, the CFPB routinely worked to undermine innovation and impose regulation harming consumers and businesses alike,” said Steil. “Acting Director Bessent’s decision to pause all new regulatory action and promote consistency within the new administration is an important first step to rein in the misguided bureaucracy at the CFPB.
I look forward to working alongside President Trump and Secretary Bessent to ensure our regulatory agencies work with, not against, American families and small businesses.”
