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Consumer agency threatens independence of bankruptcy office | WashingtonExaminer.com »
Serious allegations are being raised in the legal community that the Consumer Financial Protection Bureau has recruited the U.S. Trustee Program to collect bankruptcy data on its behalf to aid a controversial data-mining program. Documents obtained by the Washington Examiner describe efforts by the CFPB to collect a decade's worth of private financial data on the consumer behavior of five million American citizens without their knowledge or consent. The CFPB data-mining campaign has alarmed privacy watchdogs. The USTP was created by Congress in 1978 to be a rigorously neutral agency within the U.S. Department of Justice. Its attorneys are supposed to be impartial” and to serve as a “watchdog over the bankruptcy process,” according to the agency's website. Source Main page (current trends)