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.” 

“O governo grande não tem lugar nas finanças pessoais dos americanos cumpridores da lei. É um enorme exagero do governo e uma violação grosseira de sua privacidade.,” said Senator Rick Scott. ““É por isso que estou me unindo ao senador Lee para que possamos proteger as finanças pessoais dos americanos para sempre. Nosso Saving Privacy Act permitirá que agências federais persigam criminosos enquanto também protegem dados de americanos inocentes. Esta é uma legislação de senso comum, e estou pedindo aos meus colegas que apoiem sua aprovação imediata”, explicou.

“For decades, outdated banking regulations have subjected citizens to excessive financial surveillance, compelling institutions to enforce intrusive measures that directly led to the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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