The nomination of New York-based Rohit Chopra, currently a Senior Fellow at the Consumer Federation of America where he focuses on consumer protection issues facing young people and military families, is for the reminder of a seven-year term expiring on September 25, 2019, a White House statement said.
From 2010-2015, Chopra served at the Consumer Financial Protection Bureau as Assistant Director, where he oversaw the agency's work on student financial services issues.
The Secretary of the Treasury also appointed him as the agency's student loan ombudsman. In 2016, Chopra served as Special Adviser to the Secretary of Education.
The agency is currently headed by Acting Chairman Maureen Ohlhausen, a Republican, with Democrat Terrell McSweeny the only other commissioner. The president has long been expected to name a permanent chair and fill the three empty commission seats, two Republican and one Democrat or independent.
To fill the empty Democratic seat on the commission, the president tapped Chopra who holds a bachelor's degree from Harvard University and a master's in business administration from the Wharton School at the University of Pennsylvania.
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