Commentary

Schumer Pushes FTC Nominee, Signaling Aggressive Approach To Corporate Power

(HUFFINGTON POST) Zach Carter, Sam Stein, May 9, 2017 — Rohit Chopra is one of the toughest consumer advocates in Washington.

Senate Minority Leader Chuck Schumer (D-N.Y.) has recommended consumer advocate Rohit Chopra to serve as commissioner of the Federal Trade Commission ― one of the top regulatory posts available to Democrats under President Donald Trump.

Chopra, a senior fellow at the Consumer Federation of America, is a regarded as one of the top corporate watchdogs in the country. His appointment to the FTC would give the commission a strong voice in support of consumer protections at a time when advocates worry it is heading in the opposite direction. It also signals a newfound Democratic Party focus on curbing concentrations of economic power as a strategy to assuage inequality and unemployment.

“The Federal Trade Commission should be led by people who put the interests of consumers above all else, and that’s what Rohit Chopra has done his entire life,” Schumer said upon making the recommendation. “Whether it was fighting on behalf of students borrowers with loan issues at the Consumer Financial Protection Bureau, or working to protect  the finances of our nation’s veterans, Rohit has been a thoughtful and effective advocate for consumers. He would make an excellent addition to the FTC. I strongly urge the President to nominate him and will push for his swift confirmation in the Senate.”

Source: Schumer Pushes FTC Nominee, Signaling Aggressive Approach To Corporate Power | HuffPost