New federal database would contain details on 227 million Americans — RT USA
New federal database would contain details on 227 million Americans — RT USA:
Two independent federal agencies are coming under attack after calling for the creation of a nation-wide database that would collect the Social Security numbers and other personally identifiable information of as many as 227 million Americans.
That’s what the Federal Housing Finance Agency and the Consumer Financial Protection Bureau asked for, at least, with an April 16 Federal Register notice of expansion that failed to garner attention of the media until Friday this week. That morning, Richard Pollock at the Washington Examiner wrote that the creation of a new national database as outlined in last month’s memo would contradict previously stated policy and put the personal details pertaining to hundreds of millions of Americans in one shared database.
“FHFA will manage the database and share it with CFPB,” Pollock wrote. “A CFPB internal planning document for 2013-17 describes the bureau as monitoring 95 percent of all mortgage transactions.”
According to the notice of expansion posted last month, the database would satisfy requirements of the Housing and Economic Recovery Act of 2008, as well as help it prepare an annual report given to Congress. In doing as much, however, the agencies want their hands on more than just a few miniscule details.
