CFPB Leader Exits, Blaming Trump Administration for Agency Struggles

Cara Petersen, a prominent figure within the U.S. Consumer Financial Protection Bureau (CFPB), has resigned in protest of what she deems to be the Trump administration’s destructive policies towards the agency. In her resignation email, Petersen argues that the administration’s workforce reduction is severely hindering the CFPB’s ability to effectively protect consumers from unfair financial practices. )