Equifax says it’s still under CFPB investigation

The Mick Mulvaney-led Consumer Financial Protection Bureau is still investigating Equifax over the breach that exposed the data of nearly 150 million people, the credit monitoring agency said Friday.

Previously, it had been reported that Mulvaney, a Trump appointee, had backed away from a full investigation into Equifax.

On Friday, Equifax disclosed in a regulatory filing that it is still being investigated by the CFPB, as well as by Congress, the Department of Justice, and several other agencies and entities. It did not say, however, whether the CFPB investigation specifically was a full-scale investigation.

The CFPB noted the filing Friday, although it said that it wouldn’t comment further.

Democrats had criticized Mulvaney, the agency’s acting director, for dropping the investigation. The agency has declined to go into specifics about its investigation of Equifax, on the grounds that it is an ongoing investigation.

Mulvaney, who is also the director of the White House Office of Management and Budget, has clashed with Democrats over a range of issues during his short time in office, including probes into Equifax and payday lenders. Before joining the Trump administration, Mulvaney was a Republican member of the House Financial Services Committee, known for being one of the more conservative members of Congress.

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