On the recordFebruary 27, 2014
Mr. Chairman, I yield myself 30 seconds to say that the CFPB is building a database containing full credit report data on 53 million borrowers who took out mortgages since 1998. The project manager said: ``It is easy to reverse-engineer and identify the people in our database.'' CFPB has a credit card database of at least 991 million credit cards and approximately 136 million Americans. The Bureau is collecting a database of credit reports on 8.6 million Americans. They continue to collect personalized data from Americans without their permission. It is unacceptable. Mr. Chairman, I yield 1 minute to the gentleman from Florida (Mr. Ross).
