{"id":42209,"date":"2017-10-22T10:18:14","date_gmt":"2017-10-22T17:18:14","guid":{"rendered":"http:\/\/siliconeer.com\/current\/?p=42209"},"modified":"2017-10-22T10:18:14","modified_gmt":"2017-10-22T17:18:14","slug":"trump-nominating-indian-american-to-federal-trade-commission","status":"publish","type":"post","link":"https:\/\/siliconeer.com\/current\/trump-nominating-indian-american-to-federal-trade-commission\/","title":{"rendered":"Trump Nominating Indian American to Federal Trade Commission"},"content":{"rendered":"

United States Federal Trade Commission building in Washington, D.C.<\/em><\/p>\n

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President Donald Trump intends to nominate an Indian American financial services expert as a commissioner to the Federal Trade Commission, the White House said Oct. 19, writes Lalit K. Jha.<\/b><\/p>\n

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The nomination of New York-based Rohit Chopra, currently a Senior Fellow at the Consumer Federation of America where he focuses on consumer protection issues facing young people and military families, is for the reminder of a seven-year term expiring on Sept. 25, 2019, a White House statement said.<\/p>\n

From 2010-2015, Chopra served at the Consumer Financial Protection Bureau as Assistant Director, where he oversaw the agency\u2019s work on student financial services issues.<\/p>\n

The Secretary of the Treasury also appointed him as the agency\u2019s student loan ombudsman. In 2016, Chopra served as Special Adviser to the Secretary of Education.<\/p>\n

The Federal Trade Commission (FTC) works with the Justice Department to enforce antitrust law and pursues companies accused of deceptive advertising. It is an independent agency that is headed by a chairman and four commissioners. No more than three commissioners can come from any one party.<\/p>\n

The agency is currently headed by Acting Chairman Maureen Ohlhausen, a Republican, with Democrat Terrell McSweeny the only other commissioner. The president has long been expected to name a permanent chair and fill the three empty commission seats, two Republican and one Democrat or independent.<\/p>\n

To fill the empty Democratic seat on the commission, the president tapped Chopra who holds a bachelor\u2019s degree from Harvard University and a master\u2019s in business administration from the Wharton School at the University of Pennsylvania.<\/p>\n

Prior to his government service, he was an associate at McKinsey & Company, where he served clients in the financial services and consumer technology sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"

United States Federal Trade Commission building in Washington, D.C. President Donald Trump intends to nominate an Indian American financial services expert as a commissioner to the Federal Trade Commission, the White House said Oct. 19, writes Lalit K. Jha. The nomination of New York-based Rohit Chopra, currently a Senior Fellow at the Consumer Federation of…<\/p>\n

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