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U.S. senators ask consumer watchdog head for details on Equifax probe

Published 02/08/2018, 02:54 PM
© Reuters. FILE PHOTO: Credit reporting company Equifax Inc. offices in Atlanta
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By Michelle Price

WASHINGTON (Reuters) - A group of 31 U.S. senators said on Thursday they had written to the leadership of the Consumer Financial Protection Bureau (CFPB) demanding information on the consumer watchdog's stalled probe into credit reporting agency Equifax Inc's (N:EFX) massive data breach.

The letter adds to mounting pressure on Mick Mulvaney, the interim head of the CFPB, to resume a full-scale probe into the company after Reuters reported that the bureau had pulled back from an investigation into how hackers were able to steal data Equifax had gathered on around 143 million Americans.

The Reuters report prompted a barrage of criticism from Democratic lawmakers and consumer advocacy groups, including Senate Minority Leader Chuck Schumer, who urged the CFPB to launch a full-scale probe.

The letter, which was dated Feb. 7, was led by Hawaii's Democratic Senator Brian Schatz and signed by 29 Democrats, including all those on the Senate Banking Committee, and two independents.

The senators ask Mulvaney and the CFPB's Deputy Director Leandra English to provide detailed information on the status of any probe into Equifax, including whether the agency has issued subpoenas, interviewed Equifax personnel or conducted onsite inspections.

A spokesman for the CFPB confirmed the agency had received the letter but declined to comment further.

Earlier this week, John Czwartacki, senior adviser to Mulvaney said in a statement that Mulvaney takes data security issues very seriously.

© Reuters. FILE PHOTO: Credit reporting company Equifax Inc. offices in Atlanta

"Under his direction, the CFPB is working with our partners across government on Equifax’s data breach and response. We are committed to enforcing the law," he said.

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