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More Control Over Financial Data Sharing

This act changes the rules for sharing your private financial information. Banks and other financial institutions will need your explicit consent before sharing your data with outside companies. This gives you more control over who accesses your information.
Key points
Financial institutions must get your consent to share your data with outside companies.
They must clearly state what information will be shared and for what purpose.
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Additional Information
Print number: 117_HR_3912
Sponsor: Rep. Lynch, Stephen F. [D-MA-8]
Process start date: 2021-06-15