WIRED: CFPB Quietly Kills Rule to Shield Americans From Data Brokers

“Data brokers inflict severe harm on individuals by degrading privacy, threatening national security, enabling scams and fraud, endangering public officials and survivors of domestic violence, and putting immigrant populations at risk,” says Caroline Kraczon, a law fellow at the Electronic Privacy Information Center whose focus is consumer protection. 

“The CFPB had a critical opportunity to address these harms by clarifying that data brokers must follow the Fair Credit Reporting Act,” adds Kraczon. “This withdrawal is deeply disappointing and another attack in the administration’s war against consumers on behalf of corporate interests.”

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