Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Tuesday, July 2, 2013

Senator Crapo Requests GAO Investigate CFPB Data Collection

U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, requested that the Government Accountability Office (GAO) investigate the “big data” collection effort being undertaken by the Consumer Financial Protection Bureau (CFPB) on consumer spending habits. Senator Crapo wrote: "The size and scope of CFPB’s data collection warrant proper government oversight to both guard consumers’ privacy and ensure that the CFPB is acting within its existing authority." Senator Crapo attached to the letter a non-exclusive list of specific issues for GAO to consider.

Read the letter.

No comments:

Post a Comment

Please read our comment policy before making a comment.