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The House Judiciary Committee is investigating whether the IRS is using artificial intelligence to surveil taxpayers' finances, sparking concerns about invasion of financial privacy. Rep. Hageman highlights the need to uphold constitutional protections amid the inquiry. Lawmakers and institutions like Old Glory Bank are emphasizing the importance of safeguarding Americans' financial privacy and data rights, proposing measures such as the NDO Fairness Act to protect privacy and prevent non-disclosure orders that could compromise consumer information.
Old Glory Bank has seen rising interest from customers and investors amid other financial institutions sharing private consumer information with federal agencies. READ: https://t.co/CmpAha0222 https://t.co/ltvF22UHTV
The bipartisan NDO Fairness Act I introduced with @SenMikeLee would protect Americans’ privacy by ensuring that courts do not rubberstamp non-disclosure orders preventing tech companies from notifying their customers when their communications have been obtained by the government. https://t.co/6dHveX52bU
The @CFPB wants to make sure consumers can access and control their own financial information, but big banks are finding ways to skirt the proposed requirements. The CFPB should block this end run and protect consumers’ data rights. https://t.co/a8yJzNv75X
