Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since President Trump took office on Jan. 20.

The NAACP has filed a lawsuit challenging the Trump administration's dismantling of the Consumer Financial Protection Bureau, arguing it undermines consumer protections.

Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, a person with knowledge of the matter said.