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Treasury's Mnuchin says he wants answers on Equifax breach
https://www.reuters.com/article/us-equifax-cfpb-congress/treasurys-mnuchin-says-he-wants-answers-on-equifax-breach-idUSKBN1FQ2M2WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Tuesday said he wants to know how the Consumer Financial Protection Bureau is handling a probe into a hack of credit bureau Equifax Inc (EFX.N) after a report that the agency’s acting director had pulled back from investigating the matter.
Equifax disclosed in September that hackers had stolen personal data it had collected on some 143 million Americans.
On Monday, Reuters reported that acting CFPB chief Mick Mulvaney had put the brakes on the agency’s Equifax investigation.
“I haven’t spoken to Director Mulvaney about it but I will,” Mnuchin told the House of Representatives Financial Services Committee. “It is something I am going to discuss with him.”
Equifax disclosed in September that hackers had stolen personal data it had collected on some 143 million Americans.
On Monday, Reuters reported that acting CFPB chief Mick Mulvaney had put the brakes on the agency’s Equifax investigation.
“I haven’t spoken to Director Mulvaney about it but I will,” Mnuchin told the House of Representatives Financial Services Committee. “It is something I am going to discuss with him.”
Call me a cynic but I call BULLSHIT. Prove me wrong, Mnuchin.
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