Sen. Mike Crapo, R-ID, the ranking member of the Senate Banking, Housing and Urban Affairs Committee, has called upon the Government Accountability Office to perform a detailed examination of the CFPBs big data collection efforts on consumer spending habits. The size and scope of this data collection warrant proper government oversight to both guard consumers privacy and ensure that the CFPB is acting within its existing authority, Crapo said in his letter to the GAO requesting the study. The senator also noted that the law that...