WASHINGTON — A Republican congressman compared the Consumer Financial Protection Bureau data collection to the Gestapo at a Rules Committee hearing Monday.
“So this is far more than the NSA, far more than their meta-data, which only collects phone numbers but not names — far more because they have no reauthorization, far more because there is no appropriation restrictions placed on it,” Florida Rep. Daniel Webster said. “This is more than just NSA-style, this is more Gestapo-style collection of data on individual citizens who have no clue that this is happening.”
Webster made the remark after a series of questions to House Financial Services Committee Chairman Rep. Jeb Hensarling about the CFPB’s collection of consumer data.
The CFPB is a an independent federal agency created in 2011 after the financial crisis to regulate consumer protections in terms of financial products and services.