President Donald Trump has fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), a significant move reflecting his administration's shift from stringent consumer protections. Chopra's tenure was marked by efforts to remove medical debt from credit reports and limit overdraft penalties, viewed by some in the financial sector as regulatory overreach. His departure comes amid a broader purge of Biden administration holdovers. Chopra thanked supporters for their contributions to consumer advocacy, while experts predict Trump's administration will reduce oversight and regulations, potentially reversing many of Chopra's initiatives.