Are these data collection efforts dangerous to the privacy and security of American consumers, or are they necessary for the Bureau to complete its regulatory objectives?
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FSC Chairman Questions CFPB’s Data Collection Methods
Congressman Jeb Hensarling (R-Texas), Chairman of the Financial Services Committee, issued a statement on September 23 regarding the Government Accountability Office (GAO) report to the effect that he believes the Consumer Financial Protection Bureau (CFPB)'s data collection methods are intrusive and therefore not in consumers' best interests.
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