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  • Feds collecting personal, confidentialdata on consumer´s credit cards,bank transactions

    06/27/2013 11:47:36 AM PDT · by Nachum · 74 replies
    Washington Examiner ^ | 6/27/13 | Paul Bedard
    The Obama administration, already under fire for the IRS scandal and National Security Agency snooping of the computers and cellphones of Americans, is also spending millions to have private contractors conduct a dragnet for confidential and personal credit and bank transactions without a warrant. Newly obtained documents from the Obama-created Consumer Financial Protection Bureau reveal that the administration has OK'd a project to accumulate the personal financial data of some 5 million and share it with other agencies to build a "nationally representative panel of credit information on consumers for use in a wide range of policy research projects." The...