The Consumer Financial Protection Bureau should finalize its proposed data broker rule to clarify consumer privacy rights under the Fair Credit Reporting Act (FCRA), consumer advocates said in comments due Friday. CFPB solicited comment on a request for information concerning data collection and monetization associated with personal finance services.
The Trump administration is inflicting “real damage” by halting the Consumer Financial Protection Bureau’s proposed data broker rule, Better Markets said Monday (see 2308150075).
The Consumer Financial Protection Bureau is fulfilling statutory work obligations while carrying out the Trump administration’s plan to streamline operations, DOJ said in a filing Monday.
States should include a private right of action in their comprehensive privacy laws, the Consumer Financial Protection Bureau said Tuesday.
Comments are due April 11 on the Consumer Financial Protection Bureau’s inquiry into how consumer financial services companies collect, share and abuse user data gathered from digital payment services, the agency said Friday.
The Consumer Financial Protection Bureau will recognize the Financial Data Exchange as a standard-setting body under the Personal Financial Data Rights rule, the CFPB said Wednesday.