Today: America’s Credit Unions to testify on data privacy

The credit union perspective on data privacy legislation is front and center on Capitol Hill today, as America’s Credit Unions Director of Innovation and Technology Andrew Morris will testify before a House Financial Services subcommittee. The hearing, “Framework for the Future: Reviewing Data Privacy in Today’s Financial System,” features various perspectives on existing law and potential legislation.

America’s Credit Unions supports a comprehensive federal data security and privacy framework with robust security standards that apply to all entities that collect or hold sensitive personal data.

Credit unions support clear rules of the road that enable their work in meeting member needs. In his testimony, Morris will share core principles that should be a part of any data privacy legislation, outline the current regulations credit unions comply with, and highlight the importance of not adding burdensome requirements.

The hearing is available live on the committee’s website starting at 10 a.m. Eastern. America’s Credit Unions is monitoring closely and will provide live updates on X.