Jay Inslee: “Americans are generally concerned about their withering rights of privacy, and my fellow Members will be shocked to…”

“Americans are generally concerned about their withering rights of privacy, and my fellow Members will be shocked to learn how at-risk those rights are in regard to our banking records. Serving on the Committee on Banking and Financial Services, I recently learned that we Americans do not even have the right to insist that our banks not disclose our personal financial information, our checking account, our savings account records to other companies, and other companies want these records so that they can market and sell us products. Madam Speaker, I believe that America ought to have the right to simply inform our banks that those records are private records of to whom we write checks, from whom we receive checks. What is in our savings account is a private matter, and we ought to have the right to advise our banks not to share it with anyone. To that end, Madam Speaker, I will shortly be introducing the Banking Privacy Act, which will give Americans the right to simply keep their records private, keep their private personal lives to themselves, to give Americans what they deserve. I urge my colleagues to support this bill.”