CFPB Director Richard Cordray unapologetically defended his agency’s big move into the data collection sphere against complaints from skeptical Republicans during a hearing recently before the Senate Banking, Housing and Urban Affairs Committee. Sen. Mike Crapo, R-ID, ranking member of the committee, got this ball rolling by citing a recent press account that the CFPB has allocated more than $20 million for collecting and tracking customer credit card and spending habits for more than 10 million Americans. “The size of this data...