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Cara Petersen, the acting enforcement director of the Consumer Financial Protection Bureau (CFPB), has resigned, citing unprecedented threats to the agency’s mission. In a scathing farewell email, she accused the Trump administration of undermining the CFPB’s ability to protect consumers.
- Petersen's resignation underscores growing concerns over the CFPB's ability to function under current leadership.
- The Trump administration's proposed workforce cuts could cripple the CFPB's enforcement capabilities.
- Petersen's departure signals potential instability within key financial regulatory bodies.
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Other Tags: Consumer Financial Protection Bureau, Trump Administration