US watchdog to announce plans to regulate 'surveillance industry'
www.reuters.com
The top U.S. agency for consumer financial protection will announce plans at the White House on Tuesday to regulate companies that track and sell people's personal data, part of the Biden administration's widening scrutiny of that industry's privacy practices, officials said.

CFPB officials said the proposal would expand the number of companies currently subject to the Fair Credit Reporting Act – a 1970 law governing the privacy of consumer data provided to lenders – to cover the use of data derived from payment histories, personal income and criminal records.

  • LeadSoldier@lemmy.world
    8·
    1 year ago

    Good! They saved me when I was charged for an ER visit. I’m a veteran so they legally have to charge the government. That didn’t stop equafax from ruining my credit despite my legally correct explanation. The consumer financial protection bureau put them in their place and I’m back to perfect credit.