U.S. Sen. Elizabeth Warren Says CFPB Data Collection Freeze, Other Actions, are ‘Unjustified’
1/9/2018 5:00:00 PM
In a letter to CFPB officials, Warren said acting director Mulvaney had been “hobbling the agency” by suspending data collection.
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.
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