Data broker protection rule quietly withdrawn by CFPB

The Consumer Financial Protection Bureau CFPB has decided to withdraw a 2024 rule to limit the sale of Americans’ personal information by data brokers. In a Federal Register notice published yesterday, the CFPB said it "has determined that legislative rulemaking is not necessary or appropriate at...

CFPB Quietly Kills Rule to Shield Americans From Data Brokers

Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americans’ sensitive personal data...

CFPB’s Proposed Data Rules

In October, the Consumer Financial Protection Bureau CFPB proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. The rules put control of that data back in the hands of ordinary Americans, while at the same time undermini...

The Consumer Bureau's Reckless Plan for Debt Collection

Opinion: A CFPB proposal would create a quandary for consumers. Click and risk a computer virus, or don't click and miss a debt payment...

Equifax to Pay $700 Million in 2017 Data Breach Settlement

Equifax will pay as much as $700 million to settle federal and state investigations on the heels of its infamous 2017 breach, which exposed the data of almost 150 million customers. The consumer credit reporting agency on Monday said it will dish out $300 million to cover free credit monitoring...