House Financial Services Committee Considers Testimony On "Big Data" Bills

The U.S. House Committee on Financial Services considered testimony on bills addressing the "vast amounts" of information and data being collected on consumers (i.e., "big data").

The bills under consideration included the following:

• H.R. 4008, the "No Biometric Barriers to Housing Act of 2019," which would prohibit (i) biometric recognition technology and (ii) biometric data analysis from being used in certain public housing units and buildings;
• H.R. ____, the "Safeguarding Non-bank Consumer Information Act," which would (i) make clear the consumer financial privacy and data security provisions under the Gramm-Leach-Bliley Act (the "GLBA") and (ii) provide rulemaking and enforcement authority to the CFPB over data aggregator safeguards rules and over other financial institutions; and