An independent audit of the Consumer Financial Protection Bureau’s privacy program that was conducted from October through December – overlapping the tenures of former Director Richard Cordray and acting director Mick Mulvaney – found a privacy program that addresses federal requirements.
This despite Mulvaney writing to Sen. Elizabeth Warren in January that the CFPB confirmed hundreds of breaches that led to a freeze on examiner information collection.
The report found two areas where the CFPB could strengthen its program. Read on for details of the report.
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