Schumer Statement on Reports That The CFPB Is Freezing Equifax Probe After Tax Bill Provides Massive Cuts to Corporations

February 5, 2018
Washington, D.C. – Senate Democratic Leader Chuck Schumer (D-NY) released the following statement following Reports that the Consumer Financial Protection Bureau (CFPB) has decided to halt their probe into Equifax:
“If you needed further proof that the Trump administration is rigging the system to benefit the most egregious corporate actors - all at the expense of hard-working Americans - look no further than the administration’s decision to install Mick Mulvaney at the CFPB. First the Trump administration gave lavish tax breaks to corporate CEOs and wealthy investors, now the Trump administration’s hand-picked saboteur is essentially handing out get out of jail free cards to Equifax executives after the company failed to protect the sensitive personal information of millions of Americans. This decision to undermine the mission of the CFPB, at the expense of the middle class, is appalling and the administration must reverse course immediately.”