U.S. Consumer Financial Protection Bureau resorts to data mining

U.S. Consumer Financial Protection Bureau resorts to data mining

With all the public scrutiny of unwarranted government snooping into Americans’ private affairs, it is surprising to see yet another case! A section of the U.S. Department of Justice, designed as an impartial watchdog over bankruptcy proceedings has been secretly amassing consumer financial behavior data.

From The Washington Examiner:

Documents obtained by the Washington Examiner describe efforts by the CFPB to collect a decade’s worth of private financial data on the consumer behavior of five million American citizens without their knowledge or consent. The CFPB data-mining campaign has alarmed privacy watchdogs.

The CFPB reportedly has “recruited the U.S. Trustee Program to collect data on its behalf.”

 

Source: Washington Examiner
Photo: CFPB, Washington, DC


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