“In Nevada alone, 1.3 million people were impacted by @Equifax’s egregious data breach. Today, Mick Mulvaney turned his back on 145 million Americans who had their data stolen, & chose to protect Equifax instead. @CFPB needs a leader who will protect consumers, not negligent financial firms.” — Senator Catherine Cortez Masto
According to Reuters, Mick Mulvaney, head of the Consumer Financial Protection Bureau, has “pulled back from a full-scale probe” of how the Atlanta-based credit reporting service failed to protect the personal data of millions of consumers. He has not ordered subpoenas against Equifax nor has he sought sworn testimony from executives, which are routine steps when launching a full-scale probe. Read more at the Reuters link below:
Reuters: US consumer protection official puts Equifax probe on ice