REGULATION · US
Three former CFPB enforcement chiefs launch public interest law firm targeting financial abuses
Eric Halperin, Cara Petersen and Tara Mikkilineni, who led CFPB enforcement teams securing $9.5B in orders, have started a law firm focused on consumer, tenant, worker and civil rights—likely to challenge BFSI enforcement settlements and policy.
WHY IT MATTERS
Signals sustained private litigation pressure on financial institutions post-settlement; may accelerate compliance escalation and customer remediation costs for legacy misconduct.
Source: PYMNTS · 2026-07-14