[betterunix2]

Did I say anything about communism? No, that is what you brought up. I mentioned possible abuses that are specific to a government agency, abuses that are the result of politics.

There is no reason to think that a government agency would be any more transparent than Equifax et al. are right now. Consumers have the right to receive a free credit reporter from these companies, and the right to dispute information in that report (also free). Maybe there is a need to adjust the regulations in order to combat particular abuses or problems that are happening right now. That does bring up the question of what specific abuses you would like to see fixed -- you did not actually mention anything in particular that Equifax is doing or how a government agency would avoid such a problem.

The previous president spent 4 years trying to use government agencies to punish political opponents, and just before leaving office he filled those agencies with loyalists in an attempt to sabotage his successor, all without regard for the effect such actions might have on the public. Those are forms of abuse that is specific to government agencies and it would be a disaster if it happened at a credit rating agency. This is not an argument that the government is always worse than the private sector; it is an argument that when it comes to something like credit scores the government should not be in charge.