TITUS STATEMENT ON CFPB

Feb 5, 2018
Press Release

February 5, 2018

Washington, D.C. – Today Rep. Dina Titus of Nevada’s First Congressional District released the following statement after Consumer Financial Protection Bureau Interim Director Mick Mulvaney announced that he would squelch his agency’s investigation of Equifax.

“It is reckless that Director Mulvaney has not spearheaded interviews, subpoenas, and on-the-ground tests of Equifax systems during his time at CFPB. If he has squelched the investigation for good, it is a disservice to the 1.3 million Nevadans who were affected by the massive data breach and a missed opportunity to learn how to prevent future attacks on credit bureaus. He is also letting off the hook the executives who sold their shares and waited six weeks to tell the public about the breach.  Mulvaney is showing his true colors as an obstructionist who is not concerned with the financial security of the nation and the hundreds of millions of people who have had their data hacked.”