WASHINGTON, DC -Rohit Chopra has been removed as Director of the Consumer Financial Protection Bureau (CFPB), ending his five-year term nearly two years early. He was informed of his dismissal via an email from the White House.

“President Trump’s decision to fire CFPB Director Rohit Chopra marks the end of an era of strong consumer protection and the beginning of a plan to end this important agency,” Maxine Waters, the top Democrat on the House Financial Services Committee, said in a statement.