Consumer credit reporting agency Equifax stunned the world late last year, admitting to major hacks in the spring and summer of 2017, exposing credit data on millions of consumers across multiple countries including the U.S., U.K., and Canada.
Now, Reuters alleges that one major investigation into the hack is spinning its wheels.
Sources say the Consumer Financial Protection Bureau (CFPB), a federal agency that oversees consumer protection in the financial arena, has allowed its investigation to wither.
The CFPB, then lead by Richard Cordray, began its investigation in September 2017.
Mick Mulvaney, appointed as Cordray’s replacement by President Donald Trump, may not be pursuing the investigation with vigor.
Finally, the agency is said to be uncooperative with regulators from the Federal Reserve, among others.