Sherrill to Nominate Peterson to Lead Division of Consumer Affairs

Key points

• Christopher L. Peterson is a former senior official at the U.S. Consumer Financial Protection Bureau with expertise in consumer financial protection
• Peterson is a nationally recognized legal scholar who helped shape the CFPB during its founding and development
• The Division of Consumer Affairs is responsible for protecting New Jersey consumers through enforcement and advocacy
• This nomination requires Attorney General Jennifer Davenport's announcement and follows state executive appointment procedures

FAQ

Who is Christopher L. Peterson?

Christopher L. Peterson is a consumer protection expert and nationally recognized legal scholar who previously served as a senior official at the U.S. Consumer Financial Protection Bureau (CFPB). He helped shape the CFPB during its establishment and has extensive experience in consumer financial protection policy and advocacy.

What is the Division of Consumer Affairs?

The New Jersey Division of Consumer Affairs is the state agency responsible for protecting consumers through enforcement of consumer protection laws, investigation of complaints, and advocacy on behalf of New Jersey residents.

Why is this appointment significant?

Peterson's background at the CFPB and his expertise in consumer financial protection bring federal-level experience to New Jersey's consumer protection efforts, strengthening the state's ability to defend consumers against unfair and deceptive practices.