US plan to protect consumers from data brokers faces dim future under Trump

Quick Summary:

Wyden: "Unfortunately, it will be up to Trump's CFPB to finalize this proposed rule".

"Companies that sell data about income or financial tier, credit history, credit score, or debt payments would be considered consumer reporting agencies," the CFPB said.

But the proposal has a dim future in the Trump administration, and the CFPB itself could face new limits planned by Republican politicians.

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Article Details

Author / Journalist: Jon Brodkin

Category: Technology

Markets: United States

Topics: Data brokers Consumer financial protection bureau Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 16:56:28 (1 days ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 195 words

Reading Time: 2 minutes read

Sentences: 46 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 24097505

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