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Yes, they are. Like most firms in the financial industry, they've developed deeply entrenched lobbying connections, as well as being generous with campaign dona
by Finnucane 9y ago
Yes, they are. Like most firms in the financial industry, they've developed deeply entrenched lobbying connections, as well as being generous with campaign donations. For instance, Mick Mulvaney, now head of the CFPB and the guy who gets to decide if there's going to be an investigation, has been the recipient of their generosity.
Whereas the Facebook story has been driven in part by the fact that Cambridge Analytica is using the data for the purpose of manipulating political campaigns (possibly illegally for US politicians, since they're a foreign interest).
Also, note that for all the noise, Facebook has yet to suffer any significant legislative consequence.