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Was CFPB data collection freeze politically motivated?

Joe Mont | January 10, 2018

Senator Elizabeth Warren (D-Mass.) has sent a letter to Mick Mulvaney, director of the Office of Management and Budget, and Leandra English, acting director of the Consumer Financial Protection Bureau expressing concern about Mulvaney's decision to freeze the collection of consumer data by the CFPB. 

On Dec. 4, citing concerns by the Inspector General on the CFPB's information security controls, Mulvaney announced that he was freezing the collection of all personal information by the CFPB. On the morning of this announcement, examiners at the CFPB were directed to stop requesting any information from regulated entities. According to reports, enforcement lawyers may have also been banned from reviewing any new electronic evidence obtained in discovery. 

In her letter, Warren raised concerns about the impact of the data collection freeze on... To get the full story, subscribe now.