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Big Brother is here to help but needs your credit card, mortgage data

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Members of the House Financial Services Committee held a Sept. 11 oversight hearing of the Consumer Financial Protection Bureau featuring Richard Cordray, its recently confirmed director, as the key witness. The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in July 2010, and it birthed the CFPB. The agency's website, at its "About Us" page, declares: "Our mission is to...

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