September 26, 2017
Statement from Senator Warren on the Resignation of Equifax CEO Richard Smith
Washington, DC - U.S. Senator Elizabeth Warren released the following statement today about the announcement that Equifax CEO Richard F. Smith has retired in the wake of the company's data breach:
"I've called for Equifax executives to be held accountable for their role in failing to stop this data breach and hiding it from the public for forty days. It's not real accountability if the CEO resigns without giving back a nickel in pay and without publicly answering questions. Mr. Smith, along with the new Chairman and the new interim CEO, should all testify before the Senate Banking Committee. The American public deserves answers about what went wrong at Equifax and what the company plans to do going forward."
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