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Protecting Financial Privacy Act of 2021

12/30/2022, 7:04 AM

Congressional Summary of S 2857

Protecting Financial Privacy Act of 2021

This bill prohibits a federal agency from creating, implementing, or administering a program that requires financial institutions or individuals to report on the balances of, transactions involving, or transfers into and out of financial accounts.

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Current Status of Bill S 2857

Bill S 2857 is currently in the status of Bill Introduced since September 27, 2021. Bill S 2857 was introduced during Congress 117 and was introduced to the Senate on September 27, 2021.  Bill S 2857's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6705-6707) as of September 27, 2021

Bipartisan Support of Bill S 2857

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2857

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 2857

Protecting Financial Privacy Act of 2021
A bill to prohibit any Federal agency from requiring financial institutions to report on the financial transactions of their customers.
Protecting Financial Privacy Act of 2021

Comments

Sponsors and Cosponsors of S 2857

Tommy Tuberville
Tommy Tuberville
AlabamaRepublican

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