Consumer Groups Statement of Opposition to Bill that Would Preempt Stronger State Privacy Law
The National Consumer Law Center (on behalf of its low-income clients), Consumer Action, Consumer Federation of America, and U.S. PIRG express significant concerns about the Financial Data Privacy bill discussion draft, whichwould amend the Gramm-Leach-Bliley Act (GLBA). While claiming to strengthen GLBA and increase consumer protections, this bill actually wouldresult in fewer rights for consumers,…