<ul><li>The Trump administration's plan to prevent data brokers from selling personal and financial information of American citizens has been abandoned.</li><li>Data brokerage is a multibillion-dollar industry in the US, where data brokers can harvest and sell sensitive information, including names, addresses, Social Security numbers, and more.</li><li>The Consumer Financial Protection Bureau (CFPB) had planned to adjust the Fair Credit Reporting Act to regulate data brokers but recently withdrew the rule.</li><li>Concerns over privacy risks, discrimination, lack of transparency, and regulatory gaps prompted attempts to protect consumers from harmful use of their personal data.</li></ul>

Trump administration scuppers plan to stop data brokers from putting Americans’ sensitive data up for sale

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