Posted on 01/15/2018 7:31:00 AM PST by Cheerio
FULL TITLE: After Consumer Financial Protection Bureau Freezes Data Collecting, Sen. Elizabeth Warren Demands Reversal
A federal court last week again ruled in favor of Mick Mulvaney as the rightful head of the Consumer Financial Protection Bureau, which strengthens his hand on such issues as the recent decision to freeze data collection in light of cybersecurity concerns.
But Sen. Elizabeth Warren, D-Mass., who conceived the idea of the consumer agency, which critics say has too much and often undefined power, strongly objected to the agency’s temporary halt in data collection just last week.
“CFPB cannot fulfill its core functions without collecting personally identifiable information,” Warren wrote in a Jan. 4 letter to top CFPB officials.
“When a consumer submits a complaint, the CFPB asks for information, such as their name and account number, to enable the agency to help resolve the dispute,” Warren continued.
“CFPB bank examiners and enforcement lawyers regularly use account-level data provided by regulated institutions to detect improper and unlawful activity.”
(Excerpt) Read more at dailysignal.com ...
Wrinkled squaw on warpath!
Gee I wonder if data like that would ever find it’s way to progressive NGOs, or the DNC propper?
Grey Beaver not happy.
“CFPB cannot fulfill its core functions without collecting personally identifiable information,”
then maybe CFPB’s core functions are outside constitutional boundaries, and CFPB should be eliminated.
if ya gotta break the law to do your job, maybe your job is illegal?
....or Fusion GPS?
Squaw want-um peep in you teepee.
Senator Warren began jumping and stomping in a circular motion.
Then, suddenly, it began to rain...
+1!
The CFPB is why I trade in cash only.
“CFPB cannot fulfill its core functions without collecting personally identifiable information”
Gee, what a shame.
DISMANTLE CFPB
He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance. - list of grievances; Declaration
Squaw SpeakingBull is on the warpath again...
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