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Cordray Catches Heat Over Data Collection

2015-07-16 03:53:46| Auto Dealers - Topix.net

The Consumer Financial Protection Bureau's massive collection of consumer data continued to raise concerns with lawmakers on Wednesday despite assurances from the agency's director that the data is anonymized. Richard Cordray fielded questions on a range of subjects during his appearance before the Senate Banking Committee, including on recent actions against indirect direct auto lenders and the potential for a rule on forced arbitration clauses.

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