President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.

"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.

US President Donald Trump has sacked the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of Biden administration staff. Mr Chopra was one of the more important regulators from the previous Democratic administration who was still in the job since Mr Trump took office on January 20.