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.
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
One Battle After Another: What TPLF Victory in One State Means for Others 
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
Former Virginia Insurance Agent Pleads Guilty to Fraud 
