Alternative Data & Algorithms Archives

What States & Local Governments Can Do to Support Immigrants' Financial Stability

April 17, 2026

Current aggressive federal immigration enforcement has created massive disruption throughout the U.S. and significant financial hardship in impacted communities. Racial profiling by immigration officials means Black and Latino communities are particularly harmed. The Trump Administration has increased the use of “at-large” arrests in U.S. communities by 600%, putting families at financial risk when wage earners…

Testimony Before the Subcommittee on Financial Institutions of the House Financial Services Committee Opposing Harmful Fair Credit Reporting Act Amendments

April 16, 2026

This NCLC testimony oppose 4 bills discussed at a hearing entitled “Promoting Access to Credit for Everyday Americans”. The bills are giveaways to the Big Three credit bureaus, touted as helping consumers but actually benefiting industry while harming everyday people. H.R. 5775, the FCRA Liability Harmonization Act, would dramatically reduce accountability for credit bureaus and…

Written Statement for the Record for House Financial Services Hearing “Updating America’s Financial Privacy Framework for the 21st Century”

March 17, 2026

This written statement urges the House Financial Services Committee and Congress to:

Trump Administration Embarks on Unwarranted Invasion of Privacy

March 9, 2026

Treasury’s System of Records Notice Proposal Would Enable Dramatically Increased Government Collection and Sharing of Sensitive Personal Data

Letter to Treasury Regarding the Privacy Act; System of Records Notice (SORN)

March 6, 2026

On behalf of the clients and communities we represent, wrote to strongly oppose theDepartment of Treasury system of records notice (“SORN”) published on February 4, 2026. Because it is overbroad and imprecise, the SORN represents a significant and unwarrantedinvasion of individual privacy by the federal government. This baseless violation of privacywould extend even to individuals…

Letter Opposing Adding Preemption of AI Laws to NDAA

November 19, 2025

NCLC joined a letter opposing adding a provision to the National Defense Authorization Act (NDAA) that would preempt state laws on artificial intelligence (AI).

Request for Information on Regulatory Reform on Artificial Intelligence

October 26, 2025

Comments in response to the Office of Science Technology and Policy (OSTP) September 26, 2025 Request for Information on Regulatory Reform on Artificial Intelligence (AI). Comments call for a strong national AI regulatory framework that incorporates civil rights, establishes a risk-based approach to AI regulation, and promotes AI research and development. Comments strongly oppose the…

Coalition Comment Urging CFPB to Keep a Strong Personal Financial Data Rights Rule

October 21, 2025

This is a comment from fifty-two (52) consumer, economic justice, privacy, and advocacy groups to the Consumer Financial Protection Bureau’s (CFPB) Advance Notices of Proposed Rulemaking reconsidering its final Personal Financial Data Rights rule implementing section 1033 of the Dodd-Frank Act. The comment strongly supports the current 1033 Rule as issued in October 2024 and…

Comments Opposing CFPB Proposal to Reduce Number of Consumer Reporting Agencies Supervised by the Bureau

September 22, 2025

These are comments of the National Consumer Law Center (on behalf of its low-income clients) and the Consumer Federation of America in response to the CFPB’s advance notice of proposed rulemaking on whether to raise the threshold for defining larger participants in the consumer reporting market from $7 million in receipts from consumer reports to…

EPIC-NCLC Comments to House Financial Services Committee on Financial Data Privacy

August 28, 2025

These are EPIC and NCLC’s longer detailed comments in respond to the House Financial Services Committee request for feedback on current federal consumer financial data privacy law and potential legislative proposals, including updates to the Gramm Leach Bliley Act (GLBA). The comments urge the House FSC to

Coalition Letter to House Financial Services - Modernize Gramm Leach Bliley But Do Not Nullify State Consumer Protections

August 27, 2025

Letter from 45 consumer, economic justice, privacy, and advocacy groups in response to House Financial Services Committee request for feedback on current federal consumer financial data privacy law and potential legislative proposals. The letter urges changes to the Gramm Leach Bliley Act (GLBA) that:

Coalition Letter to Congress Supporting the CFPB Personal Financial Data Rights Rule and Asking for Hearing

August 19, 2025

Twenty-six advocacy groups submitted a letter urging Congress to defend the data privacy and consumer protections in the Consumer Financial Protection Bureau’s original (CFPB) Personal Financial Data Rights rule and to conduct hearings on the rule.

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