32 senators want to know if US regulators halted Equifax probe
Earlier this week, a Reuters report suggested that the Consumer Financial Protection Bureau (CFPB) had halted its investigation into last year's massive Equifax data breach . Reuters sources said that even basic steps expected in such a probe hadn't been taken and efforts had stalled since Mick Mulvaney (pictured above) took over as head of the CFPB late last year. Now, 31 Democratic senators and one Independent have written a letter to Mulvaney asking if that is indeed the case and if so, why. Reuters sources said that Mulvaney has neither ordered subpoenas against Equifax nor collected any sworn testimony from company executives. Additionally, reviews of how Equifax protects its data and on-site cybersecurity exams of other credit bureaus -- which the Federal Reserve, Federal Deposit Insurance Corp and Office of the Comptroller of the Currency all offered to assist with -- have been put on hold. The bank regulators who had offered to help were reportedly told that the...