• Home
  • Motorcycles
  • Electric Motorcycles
  • 3 wheelers
  • FUV Electric 3 wheeler
  • Shop
  • Listings

Subscribe to Updates

Get the latest creative news from CycleNews about two, three wheelers and Electric vehicles.

What's Hot

Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup

Royal Enfield BTR Road Racing Road America Results, Coverage

Elon Musk’s Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap

Facebook Twitter Instagram
  • Home
  • Motorcycles
  • Electric Motorcycles
  • 3 wheelers
  • FUV Electric 3 wheeler
  • Shop
  • Listings
Facebook Twitter Instagram Pinterest
Cycle News
Submit Your Ad
Cycle News
You are at:Home » CFPB Quietly Kills Rule to Shield Americans From Data Brokers
Electric Motorcycles

CFPB Quietly Kills Rule to Shield Americans From Data Brokers

cycleBy cycleMay 14, 202503 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


The Consumer Financial Protection Bureau (CFPB) has canceled plans to introduce new rules designed to limit the ability of US data brokers to sell sensitive information about Americans, including financial data, credit history, and Social Security numbers.

The CFPB proposed the new rule in early December under former director Rohit Chopra, who said the changes were necessary to combat commercial surveillance practices that “threaten our personal safety and undermine America’s national security.”

The agency quietly withdrew the proposal on Tuesday morning, publishing a notice in the Federal Register declaring the rule no longer “necessary or appropriate.”

The CFPB received more than 600 comments from the public this year concerning the proposal, titled Protecting Americans from Harmful Data Broker Practices. The rule was crafted to ensure that data brokers obtain Americans’ consent before selling or sharing sensitive personal information, including financial data such as income. US credit agencies are already required to abide by such regulations under the Fair Credit Reporting Act, one of the nation’s oldest privacy laws.

In its notice, the CFPB’s acting director, Russell Vought, wrote that he was withdrawing the proposal “in light of updates to Bureau policies,” and that it did not align with the agency’s “current interpretation of the FCRA,” which he added the CFPB is “in the process of revising.”

The CFPB did not immediately respond to a request for comment.

Data brokers operate within a multibillion-dollar industry built on the collection and sale of detailed personal information—often without individuals’ knowledge or consent. These companies create extensive profiles on nearly every American, including highly sensitive data such as precise location history, political affiliations, and religious beliefs. This information is frequently resold for purposes ranging from marketing to law enforcement surveillance.

Many people are unaware that data brokers even exist, let alone that their personal information is being traded. In January, the Texas Attorney General’s Office, led by attorney general Ken Paxton, accused Arity—a data broker owned by Allstate—of unlawfully collecting, using, and selling driving data from over 45 million Americans to insurance companies without their consent.

The harms from data brokers can be severe–even violent. The Safety Net Project, part of the National Network to End Domestic Violence, warns that people-search websites, which compile information from data brokers, can serve as tools for abusers to track down information about their victims.

Last year, Gravy Analytics—which processes billions of location signals daily—suffered a data breach that may have exposed the movements of millions of individuals, including politicians and military personnel.

“Russell Vought is undoing years of painstaking, bipartisan work in order to prop up data brokers’ predatory, and profitable, surveillance of Americans,” says Sean Vitka, executive director of Demand Progress, a nonprofit that supported the rule. Added Vitka: “By withdrawing the CFPB’s data broker rulemaking, the Trump administration is ensuring that Americans will continue to be bombarded by scam texts, calls and emails, and that military members and their families can be targeted by spies and blackmailers.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleSpaceX Tests Starship Fixes After Back-to-Back Failures
Next Article Richa Armada 1.1 Gore-Tex Pro Jacket and Trousers Review
cycle
  • Website

Related Posts

Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup

June 5, 2025

Elon Musk’s Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap

June 5, 2025

Elon Musk Is Posting Through It

June 5, 2025
Add A Comment

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Demo
Top Posts

Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup

June 5, 2025

The urban electric commuter FUELL Fllow designed by Erik Buell is now opening orders | thepack.news | THE PACK

July 29, 2023

2024 Yamaha Ténéré 700 First Look [6 Fast Facts For ADV Riding]

July 29, 2023
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews

Subscribe to Updates

Get the latest tech news from FooBar about tech, design and biz.

Demo
Most Popular

Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup

June 5, 2025

The urban electric commuter FUELL Fllow designed by Erik Buell is now opening orders | thepack.news | THE PACK

July 29, 2023

2024 Yamaha Ténéré 700 First Look [6 Fast Facts For ADV Riding]

July 29, 2023
Our Picks

There’s Now a Barbie-Themed G-Shock Watch, and We Want In

What SoundCloud Created Can Never Die

Top 5 Best 3 Wheel Electric Scooters 2020

Subscribe to Updates

Get the latest news from CycleNews about two, three wheelers and Electric vehicles.

© 2025 cyclenews.blog
  • Home
  • About us
  • Get In Touch
  • Shop
  • Listings
  • My Account
  • Submit Your Ad
  • Terms & Conditions
  • Stock Ticker

Type above and press Enter to search. Press Esc to cancel.