President-elect Joe Biden on Jan. 18 announced six additional picks for top administration posts, including two progressive allies of Sen. Elizabeth Warren (D-Mass.) for positions in financial sector oversight, in a move that suggests more aggressive regulation of big business.
Biden has nominated a current member of the Federal Trade Commission (FTC), Rohit Chopra, to serve as the next director of the Consumer Financial Protection Bureau (CFPB), an agency that is Warren’s brainchild and that has often been the target of Republican criticism on grounds of executive overreach and tough regulatory posture.
