The Senate Committee on Commerce, Science and Transportation met on Wednesday to discuss federal data privacy legislation.
ACA International, in a letter to the committee, advocated for data privacy legislation that balances the need to protect consumers’ privacy and not creative duplicative requirements given existing complex state and global directives the accounts receivable management industry is required to comply with.
“ACA members support data privacy, but do not believe duplicative burdens are necessary or beneficial to consumers and the economy,” CEO Mark Neeb said in the letter.
At the video discussion Maureen Ohlhausen stated that Congress should enact a national, comprehensive consumer privacy framework. “I therefore commend the Members of this Committee for your ongoing leadership in releasing proposed federal privacy legislation to give stronger protections to consumers, impart clearer guidance to businesses coupled with more accountability, and provide more authority to the FTC to police harmful data practices. Congress needs to act quickly, and the Leadership and Members of this Committee today continue to take very important steps in that direction” she stated. Read the full statement here.
William Kovacic also joined the hearing stating “Despite important achievements, the existing configuration of the US implementing institutions leaves a lot to be desired. Notably, authority over privacy is simultaneously murky and subdivided among multiple entities at the federal level (i.e., the FTC and sector-specific regulators), plus state and local governmental entities. The resulting horizontal and vertical dynamics create considerable inter-agency tension and prevent the US system, as a whole, from attaining desirable levels of coordination and shared learning”, read the full statement here.
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