Overview
- Cara Petersen, who led enforcement for nearly 15 years, said current leadership has “no intention to enforce the law in any meaningful way” when announcing her departure
- Acting CFPB Director Russell Vought is seeking to slash roughly 90% of the bureau’s workforce, prompting a fierce legal fight with the National Treasury Employees Union
- The agency has dismissed over 20 pending enforcement cases and eliminated key litigation support teams since the administration took office
- Petersen’s exit leaves the bureau without a permanent or acting enforcement director after earlier top officials stepped down
- A federal appeals court is weighing the administration’s bid to overturn an injunction that barred deep staff cuts at the CFPB