The Wall Street Journal: No letup to CFPB investigation into Equifax, Mulvaney says

WASHINGTON — A federal consumer-finance regulator’s probe of the data breach at Equifax Inc. hasn’t changed since the Trump administration took over the agency, the interim head of the agency said Tuesday, dismissing a report suggesting that it had pulled back from the investigation.

“I can tell you, senator, there has been no change in the position from the previous leadership of the CFPB regarding Equifax,” Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, said at a Senate Budget Committee hearing. Mulvaney, who also serves as the White House budget chief, was addressing a lawmakers at a hearing on a Trump administration budget proposal released Monday.

More than 30 Democratic senators sent a letter last week to Mulvaney about the Equifax investigation, following a news report that the CFPB may have halted its probe of the Equifax hack, which compromised personal data of 145.5 million Americans.

Mulvaney’s brief statement regarding Equifax EFX, +0.13%   marked the first time he has publicly confirmed the bureau’s continued investigation into Equifax since the news report, though he previously offered a suggestion about the status of the case.

An expanded version of this report appears on WSJ.com.

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