The Consumer Financial Protection Bureau is set to withdraw a Biden-era rule aimed at cracking down on data brokers and their selling of Americans’ personal and financial information. In a notice set to publish Thursday in the Federal Register, the CFPB said legislative rulemaking on the data broker industry “is not necessary or appropriate at…
Category: Jonathan McKernan
Asia Pacific, Elizabeth Warren, Global Security News, Government, Jonathan McKernan, Policy, Rohit Chopra, Senate Banking Committee
CFPB nominee signals openness to continuing data-broker work
President Donald Trump’s nominee to lead the consumer-focused federal agency that Elon Musk wants to “delete” and that Republican lawmakers have railed against since its creation indicated to senators Thursday that he could continue some data-focused work started by his Democratic predecessor. In his nomination hearing to lead the Consumer Financial Protection Bureau, Jonathan McKernan…