Senator Hawley Launches Investigation into FICO, Shares Down About 7%
Resharing a post by Senator for Missouri Josh Hawley, U.S. Director of Federal Housing Bill Pulte said on X, "Interesting. Credit score pricing and credit bureau pricing must be more affordable." Hawley had written, "I'm launching an investigation into FICO The increasing cost of credit scores is straining homebuyers in an already unaffordable market I've also asked the FTC to investigate FICO's anticompetitive practices." On Tuesday trading, shares of FICO (FICO), Equifax (EFX) and TransUnion (TRU) were all trading down about 7%.