Discover and read the best of Twitter Threads about #equifaxbreach

Most recents (4)

It’s been nearly 2 years since the #EquifaxBreach – & Congress still hasn’t acted to protect consumers or prevent the next breach. So @MarkWarner @RepCummings, @CongressmanRaja & I are reintroducing a bill to impose massive, mandatory fines when companies expose personal data.
.@Equifax let hackers steal personal info from almost 150 million Americans. If this bill had been the law before the breach, the company would have paid at least $1.5 billion in fines, half of which would have gone straight back to affected consumers.
.@Equifax didn’t just allow the breach to happen. It also initially refused to come clean with the public & help consumers protect themselves. And according to a new Congressional report, the company is STILL failing consumers months later. warren.senate.gov/download/equif…
Read 4 tweets
The @FSCDems hearing is under way! Follow along here, throughout the morning, to stay up to date on what the HFSC is doing to hold the credit reporting bureau accountable to protect Main Street Americans ...
.@RepMaxineWaters: "Our nation's consumer credit reporting system is broken"
.@Equifax CEO Mark Begor begins his opening statement by apologizing for the hack that took place and exposed more than 145 million Americans data.

You can read our op-ed from 2017, when the hack became public --> foxbusiness.com/politics/equif…
Read 25 tweets
The Senate is expected to pass the #BankLobbyistAct – with Democratic support. But I'm not going down without a fight. ​I've sponsored a series of amendments to fix major flaws in the bill and add important consumer protections. Here are all 17:
1. Amend the #BankLobbyistAct to prevent rolling back rules on banks that received over $1 billion in taxpayer bailouts during the 2008 crisis. They already wrecked our economy once – we can't let them do it again.
2. Amend the #BankLobbyistAct to prevent rolling back rules on banks that are under Justice Department supervision after being busted for breaking the law. They broke the rules already – they shouldn't be rewarded with less oversight.
Read 19 tweets

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