US Edition
CFPB Enforcement Lead Resigns, Slams ‘Attack’ on Core Mission in Departure Email
- Cara Petersen, the CFPB's acting enforcement director, resigned on June 10, 2025, citing attacks on the agency's core mission amid drastic staffing cuts.
- Her resignation followed efforts by Acting Director Russell Vought, appointed in February 2025, to reduce the CFPB workforce by about 90%, prompting legal challenges and investigations.
- Judges temporarily blocked Vought’s layoffs of approximately 1,483 of the bureau’s 1,700 employees, while watchdogs including the Federal Reserve inspector general began reviewing these workforce reductions and contract cancellations.
- Petersen expressed deep concern over unprecedented challenges to the agency’s fundamental mission, highlighting the impact of staff reductions and the dropping of enforcement actions against major corporations.
- The ongoing legal and oversight actions signal uncertainty about the CFPB’s future role in consumer protection and whether it can maintain its mission under current leadership and restructuring.
24 Articles
24 Articles
CFPB enforcement lead resigns, slams ‘attack’ on core mission in departure email
Cara Petersen, the Consumer Financial Protection Bureau’s acting enforcement director, resigned from the agency on Tuesday. In an email to colleagues announcing her decision, Petersen slammed the Trump administration’s efforts to dismantle the agency, which was established as a banking watchdog following the 2008 global financial crisis.
Consumer Bureau Official Quits, Citing ‘Attack’ on Agency’s Mission
Cara Peterson, the acting head of enforcement for the Consumer Financial Protection Bureau, quit on Tuesday after sending a fiery email to her department denouncing the Trump administration’s efforts to gut the watchdog agency. “I have served under every director and acting director in the bureau’s history and never before have I seen the ability to perform our core mission so under attack,” wrote Ms. Peterson, who had worked at the agency since…
Coverage Details
Bias Distribution
- 50% of the sources are Center
To view factuality data please Upgrade to Premium
