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California Considers Strict Financial Privacy Bill

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California Considers Strict Financial Privacy Bill

Business

California Considers Strict Financial Privacy Bill

California Considers Strict Financial Privacy Bill

  • Download
  • <iframe src="https://www.npr.org/player/embed/1292093/1292094" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

California lawmakers consider a measure that would require financial firms to get explicit permission before sharing customers' information with third parties. It would also give customers the right to block companies from sharing private information with their affiliates. If passed, the measure would be the nation's toughest limit on how banks and other institutions share private financial information. Hear NPR's Scott Horsley.