Report: CFPB To Monitor 80% Of Credit Card Transactions
The Consumer Financial Protection Bureau (CFPB) is seeking to monitor 80 percent of all consumer credit card transactions this year through a new data-mining program, The Washington Examiner reported on September 13.
The program was revealed through strategic planning documents for fiscal years 2013-2017 obtained by The Examiner. The paperwork also indicated that the CFPB is looking to monitor 95 percent of all mortgage transactions.
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