Maloney comments on new CFPB data collection report from GAO

Sep 22, 2014
Press Release

WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) today released the following statement in response to the Government Accountability Office (GAO) report on Consumer Financial Protection Bureau (CFPB) data collection. 

“This report shows that the CFPB collects similar amounts of data as the other banking regulators, and that the data collected is anonymized and protected.

“The report puts to rest the idea that CFPB has been improperly using consumers’ personal financial data."