April 4, 2025

Joint Letter Responding to House Energy & Commerce Committee’s RFI on Data Privacy Legislation

ICBA and other groups responded to the House Energy & Commerce Committee’s request for information on the parameters for a federal, comprehensive data privacy and security framework.

The groups said they support legislation that establishes a national privacy standard that recognizes that strong privacy and data security standards are already in place for financial institutions under the Gramm-Leach-Bliley Act and other financial privacy laws and avoids provisions that duplicate or are inconsistent with those existing laws.