The regulators include the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau (CFPB), and the Government Accountability Office (GAO).
Sen. Warren sought the opinions of FTC Acting Chairman Maureen K. Ohlhausen and CFPB Director Richard Cordray on the issue. She also asked if they implemented measures to protect consumers from further damage. The senator also inquired about the overall regulatory framework for credit reporting agencies.
She requested GAO to review the current legal and regulatory structure of oversight on credit reporting agencies. She pointed out that Equifax has a unique position in the financial industry.
