The CFPB, DOJ, FTC and Equal Employment Opportunity Commission reaffirmed their commitment to monitoring the development and use of artificial intelligence to ensure “responsible innovation” and protect individuals’ rights.
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A consumer credit reporting agency agreed to an FTC, CFPB, and 50 U.S. states and territories settlement for failing to secure personal information within the agency's network, leading to the data breach of 147 million people.
The Consumer Financial Protection Bureau and the Federal Trade Commission highlighted efforts to stop improper debt collection practices.