Senator Warren presses CFPB for details on freeze of data collection

Senator Elizabeth Warren on Friday sent a letter addressed to Mick Mulvaney, as Director of the Office of Management and Budget, and Leandra English, as Acting Director of the Consumer Financial Protection Bureau, expressing concern about Mulvaney's decision to freeze the collection of consumer data by the CFPB.

On December 4th, citing concerns by the Inspector General on the CFPB's information security controls, Mulvaney announced that he was freezing the collection of all personal information by the CFPB. He directed examiners at the CFPB to stop requesting any information from regulated entities. According to reports, enforcement lawyers may have also been banned from reviewing any new electronic evidence obtained in discovery.

Senator Warren's letter raises concerns about the impact of the data collection freeze on the agency's core functions.

The letter is here.

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