Search Results: keywords:"financial independence"

  • H. R. 7966 — To amend title 10, United States Code, to require the verification of the financial independence of financial services counselors providing services to members of the Armed Forces, and for other purposes.
    Status:Introduced in House
    Words:963

    H.R. 7966 aims to amend title 10 of the United States Code to ensure financial services counselors working with members of the Armed Forces are financially independent. The bill outlines that these counselors must submit annual financial disclosures to verify they are free...

    Simple Explanation

    H.R. 7966 is a new rule that checks if the people giving money advice to soldiers don't have any money secrets of their own, to make sure they're giving honest advice. They have to show a paper every year with their money details, like a report card showing they have no secrets.

  • S. 5170 — To establish the Data Protection Agency.
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    Status:Introduced in Senate
    Words:17,675

    S. 5170 proposes the creation of an independent Data Protection Agency in the United States. This agency would oversee the management of personal data, particularly focusing on high-risk data practices and ensuring fair and non-discriminatory data use. The bill outlines the...

    Simple Explanation

    The bill wants to create a new group called the Data Protection Agency to help keep people's personal information safe and make sure it's used fairly, like making sure everyone plays by the same rules with personal data. This group will have its own money and can set rules, check how big companies use personal data, and give out fines if companies don't follow the rules.