Equifax CEO Richard Smith will face questions from a Congressional oversight committee next month about a massive data breach that exposed the personal information of millions of customers. The Senate Committee on Banking, Housing and Urban Affairs said Thursday they will hold a hearing with Smith on October 4. --Equifax initially asked affected customers to give up their right to sue the company in exchange for credit monitoring services. Smith's appearance before the Senate committee is scheduled one day before he's expected to attend a House committee hearing. The Senate Banking Committee will also grill Wells Fargo CEO Tim Sloan next month.
Source: CNN September 21, 2017 18:52 UTC