TransUnion Nears $3.1 Billion Deal for Neustar - WSJ

The Biden administration has also signaled interest in establishing a government-backed consumer-credit firm.

This is the first I’ve heard of this, but we already have 3 major credit reporting firms and a handful of smaller ones. Why do we need government to duplicate this invasive effort? To say nothing of the gigantic cybersecurity risk it would create.

I’m noticing a trend.