Feb 5, 2018

Report: Equifax probe failing to launch at Mulvaney’s CFPB

Mulvaney leaves the CFPB, followed by a reporter. Photo: Alex Wong / Getty Images

The Consumer Financial Protection Bureau's probe of Equifax's data breach has showed few signs of life under Acting Director Mick Mulvaney, reports Reuters, citing government and industry sources. The breach affected the personal data of 143 million American consumers.

The backdrop: Equifax announced that consumers' data was hacked in September, and the information stolen ranged from names and birth dates to credit card numbers. Obama-appointed CFPB Director Richard Cordray authorized the probe in September. Since taking over in November, Mulvaney — who is also the White House budget chief — "has not ordered subpoenas against Equifax or sought sworn testimony from executives, routine steps when launching a full-scale probe," per Reuters.

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Coronavirus cases rise, as more Americans on cruise confirmed ill

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

A U.S. public health official confirms more than 40 Americans on the Diamond Princess cruise ship off Japan have coronavirus, while the remaining U.S. citizens without symptoms are being evacuated.

The big picture: COVID-19 has now killed at least 1,770 people and infected almost 70,000 others. Most cases and all but five of the deaths have occurred in mainland China. Taiwan confirmed its first death on Sunday, per multiple reports, in a 61-year-old man with underlying health conditions. Health officials were investigating how he became ill.

Go deeperArrowUpdated 2 hours ago - Health

Scoop: Inside the Trump campaign's big hedge on Facebook

Illustration: Eniola Odetunde/Axios

The Trump campaign has invested most of its advertising budget to date on Facebook, testing thousands of versions of ads per day to maximize its spending.

But behind the scenes, a source familiar with the campaign tells Axios, the thinking has shifted: "As everyone can see, we still have strong spending on Facebook, but the percentage of our total media budget [on Facebook] is shrinking."

Trump's revenge tour has the House in its sights

Illustration: Aïda Amer/Axios. Photo: Saul Loeb/Getty Contributor

In the lead-up to the 2018 midterm elections — buoyed by Republican control of both chambers — President Trump viewed campaigning for the House as a lower-tier priority and instead poured his energy into rallying for the Senate.

But after the GOP reckoning in 2018, and experiencing firsthand how damaging a Democratic-led House has been to him, Trump is now personally invested in helping Republicans regain the majority in November, several people familiar with his thinking tell Axios.