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Candidates Use Privacy as a Platform

FINANCIAL PRIVACY—U.S.

September 1, 2010

Two political candidates in North Dakota are using a decade-old financial privacy bill as fodder for their congressional campaigns, Minot Daily News reports. At issue is Senate Bill 2191, introduced in response to the Gramm-Leach Bliley Act (GLBA) of 1999. It aimed to change North Dakota's privacy law from a requirement that banks seek permission before sharing customer data with marketing partners to requiring that customers instead opt out of such practices. Voters eventually said no to the bill, which is now the subject of debate between Congressmen Earl Pomeroy and Rick Berg over who supported the idea, which another legislator called "absolutely wrong."
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