Story perspectives
CFPB Halts Data Broker Rules, Privacy Concerns Rise
5/15/2025
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Story summary
- The CFPB has halted new rules to restrict data brokers from selling sensitive information.
- The proposal sought consent for sharing personal data, including financial information.
- Acting director Russell Vought withdrew the rule, citing policy misalignment.
- Data brokers operate covertly, raising concerns about personal safety.
- Critics warn this decision jeopardizes privacy protections for vulnerable populations.
