Data broker protection rule quietly withdrawn by CFPB
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The Consumer Financial Protection Bureau withdrew its 2024 proposal to limit data brokers’ sale of Americans’ sensitive data, which would have treated brokers like credit bureaus under the FCRA, restricted sharing of identifiers (e.g., SSNs and phone numbers), and required explicit consent and accuracy/dispute safeguards; watchdog groups warn the reversal leaves consumers exposed to misuse, doxxing, and scams.
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