Speier Privacy Bill Falls to Pass California Assembly Committee

Posted on by Chief Marketer Staff

California State Senator Jackie Speier (D) suffered another defeat in her fight to pass a financial privacy bill yesterday when an assembly committee failed to approve her SB 1.

The bill, which goes further than federal law in that it requires an opt-in for sharing of consumer data with third parties, won three votes in the Assembly Banking and Finance Committee, with four against, according to Robert Herrell, Speier

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