Chopra’s nomination to lead CFPB awaits Senate action
Antitrust scholar and Big Tech critic Lina Khan was sworn in as chairwoman of the Federal Trade Commission Wednesday after President Joe Biden unexpectedly elevated her to the agency’s top post.
Khan, 32, was confirmed by the Senate to serve as a commissioner Tuesday. She’ll take the agency’s reins from acting Chairwoman Rebecca Kelly Slaughter, a Democrat appointed by former President Donald Trump.
With the addition of Khan the commission now has a 3-2 Democratic majority. Democrat Rohit Chopra is expected to leave the commission soon. He has been nominated by Biden to lead the Consumer Financial Protection Bureau, and Biden could have used his departure to nominate a chairperson for the FTC, making Khan’s elevation a surprise. Continue reading.