Former House Speaker Newt Gingrich told lawmakers Wednesday that the Consumer Financial Protection Bureau is an unaccountable agency that collects too much data on Americans.
“We have an agency that is collecting more information about Americans’ private lives than any bureaucracy deserves for reasons unrelated to national security,” Gingrich told the session of the House Financial Services Committee. “It is dictatorial. It is unaccountable. It is practically unrestrained in expanding on its already expansive mandate from Congress.”
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