The Electronic Privacy Information Center (EPIC) and Americans for Financial Reform (AFR) oppose the Trump administration’s recent attempts to overturn Consumer Financial Protection Bureau (CFPB) protections for users of payment apps, putting their privacy at risk, EPIC said Monday.
The Senate Banking Committee voted along party lines Wednesday to advance Consumer Financial Protection Bureau nominee Jonathan McKernan to the Senate floor (see 2503040058).
The Consumer Financial Protection Bureau’s proposed data broker rule exceeds the CFPB's authority under the Fair Credit Reporting Act (FCRA), tech and open finance groups told the agency in comments this week (see 2503030069).
The Trump administration is inflicting “real damage” by halting the Consumer Financial Protection Bureau’s proposed data broker rule, Better Markets said Monday (see 2308150075).
The Consumer Financial Protection Bureau is fulfilling statutory work obligations while carrying out the Trump administration’s plan to streamline operations, DOJ said in a filing Monday.
Privacy Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
The Consumer Financial Protection Bureau violated federal privacy law by allowing Elon Musk and his associates access to sensitive data, and the Trump administration is violating the law by halting work at the agency, a federal employee union said in two lawsuits filed Sunday.
Treasury Secretary Scott Bessent will serve as acting director of the Consumer Financial Protection Bureau, the agency announced Monday. CFPB has key privacy authority under the Gramm-Leach-Bliley Act (GLBA). Capitol Hill Republicans told us in recent interviews they plan to use budget negotiations to rein in the agency's cost and scope.
States should include a private right of action in their comprehensive privacy laws, the Consumer Financial Protection Bureau said Tuesday.
Privacy Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.