Dell Cameron and Dhruv Mehrotra report:
The Consumer Financial Protection Bureau (CFPB) has canceled plans to introduce new rules designed to limit the ability of US data brokers to sell sensitive information about Americans, including financial data, credit history, and Social Security numbers.
The CFPB proposed the new rule in early December under former director Rohit Chopra, who said the changes were necessary to combat commercial surveillance practices that “threaten our personal safety and undermine America’s national security.”
The agency quietly withdrew the proposal on Tuesday morning, publishing a notice in the Federal Register declaring the rule no longer “necessary or appropriate.”
Read more at WIRED.
h/t, Joe Cadillic