They are rummaging through your credit card data
From the
Washington Examiner:
Federal consumer bureau data-mining hundreds of millions of consumer credit card accounts, mortgages
Officials at the Consumer Financial Protection Bureau are conducting a massive, NSA-esque data-mining project collecting account information on an estimated 991 million American credit card accounts.
It was also learned at a Congressional hearing Tuesday that CFPB officials are working with the Federal Housing Finance Agency on a second data-mining effort, this one focused on the 53 million residential mortgages taken out by Americans since 1998.
Just wonderful... The
Consumer Financial Protection Bureau was created by Obama in 2011 as a byproduct of the
Dodd-Frank bill.
Their appearance of careful management is just a careful management of appearances.
Posted by DaveH at January 30, 2014 2:30 PM