Officials at the Consumer Financial Protection Bureau (CFPB) are seeking to monitor 80 percent of all U.S. consumer credit card transactions this year through a controversial data-mining program, Washington Examiner reports. A CFPB planning document for fiscal years 2013-17 indicates plans for a “markets monitoring” program as well as plans to monitor up to 95 percent of mortgage transactions. “This is one step closer to a Big Brother form of government where they know everything about us,” said Rep. Sean Duffy (R-WI) at a hearing on the matter last week where critics asserted the agency’s plans are beyond its authority.
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