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Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the ...
Uncle Sam's consumer watchdog has scrapped plans to implement Biden-era rules that would've treated certain data brokers as credit bureaus, forcing them to follow stricter laws when flogging Americans ...
The CFPB's proposed rule, "Protecting Americans From Harmful Data Broker Practices" would have amended Regulation V, which implements the FCRA. Third-party data brokers objected to the rule, arguing ...
Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) filed its decision to withdraw the proposed rule titled “Protecting Americans from Harmful Data Broker Practices (Regulation ...
CFPB Withdraws Guidance and Proposed Rules on Data Broker, Video Game Payments, and Contract Clauses
On May 15, the CFPB withdrew ... proposal to regulate data brokers as consumer reporting agencies under the Fair Credit Reporting Act (FCRA), a January proposal to extend Regulation E to emerging ...
“Until the CFPB revisits data broker regulation, consumers remain the last line of defence against identity exploitation,” said Gogia. “Digital literacy is no longer optional—it’s ...
The U.S. Consumer Financial Protection Bureau is scrapping a proposal issued under former President Joe Biden that would have sharply limited the sale of Americans' private information by data brokers ...
The Trump administration wanted to block data brokers from selling info on US citizens The plan has now been abandoned Data brokerage is a multibillion-dollar industry The plan to prevent data brokers ...
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CFPB withdraws proposed rule cracking down on data brokersThe Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal register ...
Senior officials in recent days have continued undoing much of the prior administration's work in regulation ... the limits on data brokers in January, former CFPB Director Rohit Chopra said ...
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