Rohit Chopra (born January 30, 1982) is an American businessman who was the third director of the Consumer Financial Protection Bureau (CFPB) and previous member of the Federal Trade Commission (FTC).

[6] Considered an ally of Senator Elizabeth Warren,[7] under whom he served at the CFPB, Chopra favors stronger oversight of banks and other financial institutions.

According to The Wall Street Journal, Chopra was known by Harvard students for his "hard-charging style" with a "reputation for being a fierce advocate not afraid to clash with faculty interests".

[24] Chopra explained his focus on student loan policy to the Wall Street Journal, stating:In my job, every day I get calls, emails, letters from people who are drowning in debt.

[27][28] In 2017, Chopra was recommended by Senate Minority Leader Chuck Schumer to fill the open Democratic seat on the Federal Trade Commission (FTC).

Chopra had previously opposed the agency's $5 billion settlement with Facebook following a probe of the company's data practices on similar grounds, believing it was an insufficient penalty.

[30] Chopra has stated that the federal government should "investigate how technology platforms may be a threat to our civil rights and the goals of fairness we seek in our society.

"[31] In 2020, Chopra co-authored a paper with Lina Khan, his former legal advisor,[32] in the University of Chicago Law Review titled "The Case for 'Unfair Methods of Competition' Rulemaking".

Chopra was mentioned as a contender for the position of Secretary of Commerce by Politico[34] and the New York Times,[34] but was ultimately nominated to serve as Director of the Consumer Financial Protection Bureau (CFPB).

[42] In October 2023, the CFPB formally released its Section 1033 proposal, which if implemented would require banks to give consumers their financial data free of charge.

A lawsuit in 2022 by the American Bankers Association and six other trade groups claimed Chopra was acting in a matter exceeding the agency's legal authority,[45] which a The Wall Street Journal investigation suggested was a mechanism to increase clout at the FTC and FDIC for the purpose of amassing power over businesses, banks, and consumers.

[47][48][needs update] In January 2024, the agency settled a class action lawsuit brought by minority employees and women against Acting Director Mick Mulvaney in 2018.

On March 27, 2024, the National President of NTEU sent Chopra a letter, accusing him of avoiding all communication with union leadership, as negotiations drag on and remain stalled.