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CFPB Director Resigns, Criticizes Trump Administration's Cuts

6/11/2025

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Summary

Story summary

Cara Petersen has stepped down as Acting Enforcement Director of the Consumer Financial Protection Bureau (CFPB), voicing strong criticism of the Trump administration's attempts to weaken the agency. She raised alarms about the impact of staff cuts and dismissed cases on consumer protection enforcement. Her resignation adds to a growing list of departures amid ongoing turmoil within the CFPB.

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Story summary

Cara Petersen has stepped down as Acting Enforcement Director of the Consumer Financial Protection Bureau (CFPB), voicing strong criticism of the Trump administration's attempts to weaken the agency. She raised alarms about the impact of staff cuts and dismissed cases on consumer protection enforcement. Her resignation adds to a growing list of departures amid ongoing turmoil within the CFPB.