Cara Petersen, the Consumer Financial Protection Bureau’s acting enforcement director, resigned, criticizing the Trump administration’s efforts to dismantle the agency. Petersen stated that the Bureau’s current leadership has no intention to enforce the law meaningfully. Since President Trump took office, the CFPB has faced several mass layoff attempts and abruptly dismissed cases against multiple companies accused of harming consumers. The agency’s activities have been under review since February, with arguments that previous administrations pushed beyond legal limits. Despite court challenges halting mass layoffs, enforcement team members report minimal work since being brought back in March. \n— new from CNN
