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Senate Democrats issue report on Equifax breach, chide CFPB's inaction

Joe Mont | May 2, 2018

The now-infamous Equifax data breach was even worse than initially feared, say a team of Senate Democrats who are pressing the Consumer Financial Protection Bureau to launch a “robust investigation.”

United States Senators Elizabeth Warren (D-Mass.), Robert Menendez (D-N.J.), and Brian Schatz (D-Hawaii) recently unveiled what they say is the first comprehensive review of consumer complaints in the wake of the 2017 Equifax breach.

Their report found that in the six months following the breach, the CFPB received more than 20,000 complaints from consumers about the impact of the breach, problems with Equifax's...

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