Consumer Bureau Signs Data Deal With Justice Department
Bloomberg
December 6, 2012
Dougherty, Carter
The U.S. Consumer Financial Protection Bureau and the Department of Justice are planning to share data with each other to facilitate enforcement of fair-lending laws. Both agencies have the authority to fight discrimination in lending under the Equal Credit Opportunity Act, which forbids discrimination in lending because of race, religion, or national origin. The two agencies have pledged to share confidential information and notify each other of enforcement work to avoid unnecessary duplication.
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