Democrats Lash Out At Consumer Watchdog Over Equifax Case

Democratic lawmakers lashed out at the Consumer Financial Protection Bureau on Monday amid a report that the agency was backing off an investigation into a massive data breach at Equifax last year that exposed sensitive data about millions of people. Reuters news agency, citing former officials familiar with the probe, reported that the CFPB has not taken routine steps to move forward with an investigation into the incident, including ordering subpoenas or seeking sworn testimony from Equifax executives. The report stirred an immediate backlash from Democratic lawmakers, who have feared that President Donald Trump's pick to temporarily lead the agency, Mick Mulvaney, was weakening the consumer watchdog.

 

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