Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the ...

The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal register ...

The Consumer Financial Protection Bureau has pulled back a draft privacy rule that would have required businesses to take more steps before selling consumers' financial and personal data.

The CFPB has withdrawn a proposed rule that would have required data brokers to obtain consent before selling Americans' personal and financial data. Acting Director Russell Vought cited internal ...

The Consumer Financial Protection Bureau has withdrawn a proposed rule aimed at protecting consumers from having their personal and financial information sold by data brokers. The CFPB withdrew the ...

The rule, proposed in December, sought to treat data brokers as consumer reporting agencies under the Fair Credit Reporting Act (FCRA), subjecting them to additional requirements. Former CFPB ...

The decision to reverse course comes after an industry lobby group called for the rule change to be withdrawn.