Rohit Chopra Joins State AGs’ Consumer Protection Working Group Amid Federal Enforcement Shifts

The Democratic Attorneys General Association and the Progressive State Leaders Committee on Tuesday announced the launch of a Consumer Protection and Affordability Working Group—an initiative that features Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB), as a senior advisor. The Working Group will pursue potential coordinated initiatives on health care, technology, and financial services, among other business segments. It was formed in part to address actions by the Trump administration, including “enforcement failures,” that have added to economic uncertainty, according to the announcement.

Key Highlights:

• States Filling the Gap: Democratic AGs are launching new consumer protection efforts to address gaps left by reduced federal action.
• Chopra’s Advisory Role: Former CFPB director Rohit Chopra will advise the working group, signaling renewed focus on consumer issues.
• Key Sectors Targeted: Financial services, health care, and technology are front and center for upcoming state-led initiatives.

In February 2025, the Trump administration fired Chopra, who had served as CFPB director since 2021, and halted enforcement and rulemaking activity until further notice. On November 21, 2025, the CFPB announced the 2026 examination cycle would be “fundamentally different from the prior ones under the former Director Chopra.”The changes include beginning each examination with the reading of a “Humility Pledge” to the supervised entity, and avoiding, where possible, “duplication of supervision, where States and other regulators are already doing that job.”¹

Tuesday’s announcement marks the latest of several actions by Democratic Attorneys General and other state regulators to step into the perceived void in federal enforcement following Chopra’s termination and other changes to the CFPB under the Trump administration.

Consumer financial services providers in particular may want to review whether their business practices could invite scrutiny from state regulators.

¹ Consumer Financial Protection Bureau. "CFPB's Supervision Division Releases New 'Humility Pledge.'" November 21, 2025. https://www.consumerfinance.gov/about-us/newsroom/cfpb-supervision-division-releases-new-humility-pledge/.

This memorandum is a summary for general information and discussion only and may be considered an advertisement for certain purposes. It is not a full analysis of the matters presented, may not be relied upon as legal advice, and does not purport to represent the views of our clients or the Firm. Elizabeth L. McKeen, an O’Melveny partner licensed to practice law in California; Daniel R. Suvor, an O’Melveny partner licensed to practice law in California; Pamela A. Miller, an O’Melveny partner licensed to practice law in New York; Steve Brody, an O’Melveny partner licensed to practice law in Virginia and the District of Columbia; Matthew W. Close, an O’Melveny partner licensed to practice law in California; Ross B. Galin, an O’Melveny partner licensed to practice law in New York; Danielle Morris, an O’Melveny partner licensed to practice law in California; Dawn Sestito, an O’Melveny partner licensed to practice law in California; Meaghan VerGow, an O’Melveny partner licensed to practice law in New York and the District of Columbia; and Ashley Pavel, an O’Melveny counsel licensed to practice law in California, contributed to the content of this newsletter. The views expressed in this newsletter are the views of the authors except as otherwise noted.

© 2025 O’Melveny & Myers LLP. All Rights Reserved. Portions of this communication may contain attorney advertising. Prior results do not guarantee a similar outcome. Please direct all inquiries regarding New York’s Rules of Professional Conduct to O’Melveny & Myers LLP, 1301 Avenue of the Americas, Suite 1700, New York, NY, 10019, T: +1 212 326 2000.