Cara Peterson resigned from her role as head of enforcement at the Consumer Financial Protection Bureau (CFPB) after expressing her concerns about the Trump administration's actions undermining the agency. In her farewell email, she cited a significant attack on the bureau's core mission since Russell T. Vought assumed leadership. Under Vought, enforcement actions diminished significantly, with numerous cases dismissed and staff layoffs attempted. Peterson, who had been a part of the CFPB since its inception, expressed deep concern for the protection of American consumers amidst the ongoing turmoil.
It is clear that the bureau's current leadership has no intention to enforce the law in any meaningful way, Ms. Peterson wrote in her farewell email.
Since President Trump installed Russell T. Vought, the White House budget office director, as the agency's acting leader, the consumer bureau has been fighting for its survival.
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