Biden taps Rohit Chopra and Gary Gensler to lead financial regulators
January 18, 2021 / 5:01 PM / CBS/AP Biden names key financial nominees
President-elect Joe Biden has chosen Rohit Chopra to be the director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm the agency whose creation she championed. The pick comes as Democrats eye ways to provide student loan relief to millions of Americans as part of a COVID-19 relief package.
Chopra, now a commissioner at the Federal Trade Commission, helped launch the consumer agency after the 2008-09 financial crisis and served as deputy director, where he sounded the alarm about skyrocketing levels of student loan debt. Chopra previously served as assistant director of the CFPB, where he led the agency s efforts on student loans. He also served as a Special Advisor at the U.S. Department of Education.
A Virginia man was arrested at a checkpoint and charged with having an unregistered gun.
The unprecedented ramp-up in security happened as the handover of power continued, with inauguration events kicking off virtually on Saturday. And Mr. Biden s incoming chief of staff, Ron Klain, issued a memo detailing Mr. Biden s priorities in the first 10 days of his administration, including several executive actions. President-elect Biden will take action not just to reverse the gravest damages of the Trump administration but also to start moving our country forward, Klain said in the memo.
Mr. Biden and Vice President-elect Kamala Harris on Saturday also introduced members of their science team, with Mr. Biden insisting, science will always be at the forefront of my administration.
Ken Cuccinelli tells Scott Pelley the DHS has "a mission we're going to perform under all circumstances." See the 60 Minutes report, tonight.
"We're looking at individuals who may have an eye towards repeating that same kind of violence that we saw last week," said FBI Director Chris Wray.