U.S. Sen. Elizabeth Warren Says CFPB Data Collection Freeze, Other Actions, are ‘Unjustified’

In a letter to CFPB officials, Warren said acting director Mulvaney had been “hobbling the agency” by suspending data collection.

1/9/2018 11:00 AM

NewsCFPB
U.S. Sen. Elizabeth Warren Says CFPB Data Collection Freeze, Other Actions, are ‘Unjustified’

U.S. Sen. Elizabeth Warren, D-Mass., released a letter to the Consumer Financial Protection Bureau Jan. 4 accusing “the acting director of the consumer bureau of using concerns about cybersecurity to sabotage the agency’s oversight of the financial sector,” The Hill reports.

Warren also states in the letter, “I fear that the freeze in data collection has in practice fundamentally changed how the CFPB interacts with its regulated entities,” according to The Hill

Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse. Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training website to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.

Subscribe to ACA Daily NEWSROOM

Loading...

Loading...


.