Top Consumer Watchdog to Drop Probe into Equifax Breach
07 February, 2018, 01:10 | Author: Essie Rivera
However, it wouldn't be a surprise if Mulvaney chose to favor the financial industry over a federal agency created to financially protect American consumers.
"The FTC is well-positioned to investigate this matter and its effect on consumers and Director Mulvaney's actions suggest that FTC may be the only independent federal agency left undertaking a thorough civil investigation".
While is it not unusual for regulators to work together - former Comptroller Thomas Curry met on a regulator basis with former CFPB Director Richard Cordray - issuing a press release about the meeting with praise for a fellow regulator is somewhat atypical.
"I have been impressed with Mick's leadership and emphasis on operational efficiency and excellence", Otting said in a statement.
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 past year that exposed sensitive data about millions of people.
Congressman: Deport 'Illegal Aliens' At State Of The Union
Dreamers are legally protected from arrest and deportation under the program started under President Barack Obama in 2013. - Rep. In a statement on Tuesday, Gosar suggested Capitol Police should check IDs at the door and arrest any illegal immigrants.
I'm not aware of that but as I said it is something I am going to discuss with him and we'll take up at [the Financial Stability Oversight Council]", Mnuchin responded.ICYMI: "watch my exchange about the CFPB's handling of the investigation of the #Equifax data breach with U.S. Treasury Sec.
Although the agency is not allowed to acknowledge open investigations, three sources have come forward to Reuters about troubling details regarding the Equifax investigation.
For Republicans, who have always been critical of the CFPB, Mulvaney's efforts are a welcome change for the agency, which they say has been too aggressive.
"I haven't spoken to Director Mulvaney about it, but I will", Mnuchin said during testimony in front of the House Financial Services Committee. Professor Jeff Sovern acknowledged yesterday in the Consumer Law and Policy Blog that "the CFPB has very limited jurisdiction over the Equifax data breach, if it has any jurisdiction anyway...."
On Tuesday, Mulvaney named Kirsten Sutton Mork chief of staff for the agency. The committee's chairman, Rep. Jeb Hensarling (R-Tex.) has been one of the CFPB fiercest critics.
Scientists have discovered more than 60,000 shrouded Mayan ruins in Guatemala in a noteworthy archaeological leap discovery . The laser pierces through the smallest gaps in the vegetation to record the lay of the land below with remarkable accuracy.
However, a robbery report from Carmona law enforcement connected a missing shipment of oranges to the traveling orange family. Authorities continued questioning the people and a lot of them couldn't explain where the four tons of oranges had come from.
It turned negative, as 26 investors sold IT shares while 114 reduced holdings. 14 funds opened positions while 31 raised stakes. The stock is now moving above its 20-Day Simple Moving Average of 6.61% with a 50-Day Simple Moving Average of 14.11 percent.
Google says it can also cite reasons for those delays, such as the weather or the plane arriving at the gate later than scheduled. As VentureBeat points out, airlines have started pushing "basic economy" seating since Delta kicked off the trend in 2012.
Local authorities say that they don't know if the Quiksilver CEO was on his own when he took off in his boat. In a statement, the World Surf League noted the "deeply concerning reports " about Agnes' disappearance.
Around 1500 GMT in London, Capita shares traded down 43.37 percent at 196.95 pence, compared with the closing value on Tuesday. Capita said underlying profits for 2018 would be between £270m and £300m, falling short of analysts' predicted £400m.
First Halloween set photos hit!
Carpenter said that filmmaker Green and Eastbound & Down's Danny McBride were aboard the project as writers, with Green directing. The 2018 Halloween film will also star Virginia Gardner, Miles Robbins, Dylan Arnold, Drew Scheid, and Will Patton.