Earlier this month, we reported that Senator Mike Crapo, Ranking Member of the Senate Banking Committee, had sent a letter to the Government Accountability Office (GAO), asking the GAO to investigate the CFPB’s data collection activities.
The GAO has now responded with a letter agreeing to Senator Crapo’s request. The letter indicates that the request has been assigned to the Managing Director of the GAO’s Financial Markets and Community Investment team. It also indicates that the GAO plans to contact the “cognizant Inspector General’s office to ensure that we are not duplicating efforts.”