Senator Mike Lee (R-UT) introduced the Saving Privacy Act, a bill to end government abuse of Americans’ financial information. For years, federal agencies have been overreaching in their surveillance, collecting vast amounts of personal financial data from law-abiding citizens without just cause. Senator Rick Scott (R-FL) is an original co-sponsor of the bill.

"The federal government has no business surveilling the financial activities of millions of innocent Americans, " said Senator Lee. “The current system erodes the privacy rights of citizens, while doing little to effectively catch true financial criminals. My Saving Privacy Act ensures that Americans’ personal information is protected and that government agencies operate within the bounds of the Constitution.” 

"L'État n'a pas sa place dans les finances personnelles des Américains respectueux des lois. Il s'agit d'une ingérence massive de l'État et d'une violation flagrante de leur vie privée., " said Senator Rick Scott. "« C’est pourquoi je m’associe au sénateur Lee pour que nous puissions protéger les finances personnelles des Américains pour de bon. Notre Saving Privacy Act permettra aux agences fédérales de poursuivre les criminels tout en protégeant les données des Américains innocents. C’est une loi de bon sens, et j’exhorte mes collègues à soutenir son adoption immédiate », a-t-il expliqué.

“For decades, outdated banking regulations have subjected citizens to excessive financial surveillance, compelling institutions to enforce intrusive measures that directly led to the debanking of innocent Americans spending their own money. The Saving Privacy Act offers comprehensive reforms, striking a balance that restores consumer rights, establishes sensible standards for innovators while curbing illicit activities, and reinvigorates the commitment to sound consumer financial privacy. –Yaël Ossowski, Deputy Director at the Consumer Choice Center.

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