Financial privacy bill in Congress would eliminate strong state laws
We worked with the National Consumer Law Center and others to send a statement urging rejection of a draft bill that would supposedly modernize the privacy provisions of the 1999 Gramm-Leach-Bliley Act. Actually it would preempt all state data breach notification and other state data privacy laws, including the landmark Illinois Biometric Information Privacy Act (BIPA), as they apply to any bank or non-bank financial institution. Credit bureaus and debt collectors are some of the so-called “financial firms” that already take advantage of weak GLBA requirements.
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Ed Mierzwinski
Senior Director, Federal Consumer Program, PIRG
Ed oversees U.S. PIRG’s federal consumer program, helping to lead national efforts to improve consumer credit reporting laws, identity theft protections, product safety regulations and more. Ed is co-founder and continuing leader of the coalition, Americans For Financial Reform, which fought for the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, including as its centerpiece the Consumer Financial Protection Bureau. He was awarded the Consumer Federation of America's Esther Peterson Consumer Service Award in 2006, Privacy International's Brandeis Award in 2003, and numerous annual "Top Lobbyist" awards from The Hill and other outlets. Ed lives in Virginia, and on weekends he enjoys biking with friends on the many local bicycle trails.
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