The Consumer Financial Protection Bureau’s proposed data broker rule exceeds the CFPB's authority under the Fair Credit Reporting Act (FCRA), tech and open finance groups told the agency in comments this week (see 2503030069).
House Commerce Committee Republicans on Friday requested public input on potential federal privacy legislation. The elimination of a private right of action, preemption of state privacy and AI laws and conflicts with existing federal law were among the topics Republicans outlined in their request for information (RFI).
Almost all comprehensive state privacy laws include enforcement language against AI-related discrimination, so additional efforts to regulate automated decisions could be redundant, Minnesota Rep. Steve Elkins (D) told Privacy Daily in a recent interview.
Congress and the Trump administration should consider X platform owner Elon Musk’s unconventional ideas, including possibly shuttering the Consumer Financial Protection Bureau, Senate Republicans told us in December.