Top Biden-Era CFPB Officials Pushed Out Amid Work Freeze (2)

Feb. 11, 2025, 3:21 PM UTCUpdated: Feb. 11, 2025, 6:11 PM UTC

Several top officials at the Consumer Financial Protection Bureau are stepping down or were placed on leave, the latest leadership turnover at the agency as the Trump administration orders a near-total shutdown.

Lorelei Salas, the CFPB’s supervision director, and Eric Halperin, the agency’s enforcement chief, announced Tuesday they were stepping down from their posts, according to emails obtained by Bloomberg Law.

Mark Paoletta, serving as the CFPB’s chief legal officer, put Salas and Halperin on administrative leave before they sent their emails to CFPB staff, an agency spokesperson said. Paoletta accused Halperin of insubordination for countermanding an order to stop ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.