Latest news with #OfficeofEnforcement
Yahoo
11-02-2025
- Business
- Yahoo
Top CFPB officials resign
Two top officials at the Consumer Financial Protection Bureau stepped down Tuesday, saying they could no longer carry out their roles in light of the Trump administration's order to cease all work at the agency. Assistant Director for the Office of Enforcement Eric Halperin and Assistant Director for Supervision Policy Lorelei Salas each sent emails to their teams notifying them of their resignations. 'As you know we have been ordered to cease all work,' Halperin wrote to his staff in an email reviewed by POLITICO. 'I don't believe in these conditions I can effectively serve in my role, which is protecting American consumers. Today I made the difficult decision to resign effective today,' he added. 'I know you are concerned about your futures, the future of the bureau, and more importantly, the impact these sweeping changes will have on everyday consumers, on all of us,' Salas wrote in the memo to supervision staff reviewed by POLITICO. The CFPB did not immediately respond to a request for comment.
Politico
11-02-2025
- Business
- Politico
Top CFPB officials resign
Two top officials at the Consumer Financial Protection Bureau stepped down Tuesday, saying they could no longer carry out their roles in light of the Trump administration's order to cease all work at the agency. Assistant Director for the Office of Enforcement Eric Halperin and Assistant Director for Supervision Policy Lorelei Salas each sent emails to their teams notifying them of their resignations. 'As you know we have been ordered to cease all work,' Halperin wrote to his staff in an email reviewed by POLITICO. 'I don't believe in these conditions I can effectively serve in my role, which is protecting American consumers. Today I made the difficult decision to resign effective today,' he added. 'I know you are concerned about your futures, the future of the bureau, and more importantly, the impact these sweeping changes will have on everyday consumers, on all of us,' Salas wrote in the memo to supervision staff reviewed by POLITICO. The CFPB did not immediately respond to a request for comment.
