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Banking/Financial Services

Rep. Loudermilk Reintroduces Legislation Protecting Americans’ Personal Financial Privacy

February 21, 2025
| Posted in
Washington D.C. (February 21, 2025) | Rep. Barry Loudermilk (GA-11) issued the following statement after reintroducing the Protecting Investors’ Personally Identifiable Information Act in the 119th Congress. “The SEC’s collection of personal financial information through the Consolidated Audit Trail is unconstitutional and entirely unnecessary; and it exposes American investors to serious cybersecurity risks from foreign adversaries and criminal […]

‘Are we collecting and maintaining too much data?’

March 7, 2018
| Posted in
Rep. Barry Loudermilk (R-GA) five minute Q&A at the Financial Institutions and Consumer Credit Subcommittee hearing entitled “Legislative Proposals to Reform the Current Data Security and Breach Notification Regulatory Regime.” H.R. 4028, the “Promoting Responsible Oversight of Transactions and Examinations of Credit Technology Act of 2017” H.R. ____, the “Data Acquisition and Technology Accountability and Security […]

‘If you do not need it [data], get rid of it’

February 27, 2018
| Posted in
Financial Services Committee Hearing entitled “Monetary Policy and the State of the Economy” Rep. Barry Loudermilk (R-GA) questioning the Honorable Jerome H. Powell, Chairman, Board of Governors of the Federal Reserve System. To watch the entire hearing, please click HERE.

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