The bill, proposed initially by President Clinton, would extend curbs on the ability of financial institutions to share and sell customer information.
The proposal ties directly to the Gramm-Leach-Bliley Act of last year, which required financial institutions to disclose their policies on collecting, using and protecting customer information.
Consumer groups, Democrats and the White House have since said the measures do not provide enough protection.
Topics Politics
Was this article valuable?
Here are more articles you may enjoy.
Private Credit Investors Clash Over £36 Billion BHP Dam Collapse Litigation 
Powerful El Niño Nears Record Strength, US Forecasters Say 
Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention 
Amazon Seen as Shielded From Liability for Miami Cargo Plane Crash 
