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Equifax's huge breach tests Trump pledge to dismantle rules

Despite demands for stiffer rules, tougher oversight would require Trump administration's support

Published Wed, Sep 13, 2017 · 09:50 PM
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Washington

THE massive Equifax Inc data breach has triggered demands on Capitol Hill for stiffer rules and new requirements for what financial companies must do to fend off cyberattacks.

Yet, tougher oversight would all but certainly require support from the Trump administration and buy-in from congressional Republicans - both of whom want to reduce financial regulation, not stiffen it. Democrats so far have led the calls for more rules in the wake of Equifax's disclosure that 143 million Americans' personal information was stolen.

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