Appearing before the House Financial Services Committee yesterday at a hearing entitled “The Annual Report of the Financial Stability Oversight Council” (FSOC), Treasury Secretary Mnuchin indicated that he intends to discuss the CFPB’s handling of its investigation of Equifax’s massive 2017 data breach with the FSOC.
We blogged yesterday about Reuters’ report that that the CFPB’s investigation has sputtered since it was authorized by former CFPB Director Cordray shortly after Equifax revealed the data breach. … Continue Reading