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Increased Transparency and Protection for Citizens' Financial Data

This act aims to increase transparency in how government agencies collect and use citizens' financial data. It mandates regular reporting to Congress on the volume of data collected and how agencies access it. The goal is to better protect citizens' privacy and rights regarding their financial information.
Key points
The government will be required to annually inform Congress about the amount of citizens' financial data collected and how long it is retained.
Government agencies will have to disclose how they access citizens' financial data and if their access requests are denied.
The act seeks to better align data collection with legitimate security and law enforcement needs while protecting citizens' privacy.
article Official text account_balance Process page
Placed on Calendar
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_1602
Sponsor: Rep. Davidson, Warren [R-OH-8]
Process start date: 2025-02-26
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Financial Privacy Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1602.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-02-26.

What are the main provisions?

Key points include:

  • The government will be required to annually inform Congress about the amount of citizens' financial data collected and how long it is retained.
  • Government agencies will have to disclose how they access citizens' financial data and if their access requests are denied.
  • The act seeks to better align data collection with legitimate security and law enforcement needs while protecting citizens' privacy.
What is the specific legal status?

The current status is Placed on Calendar.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Davidson, Warren [R-OH-8].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 14.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

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