Democrats Vow Privacy Push

May 5, 2000

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

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