The Saving Privacy Act aims to amend the Right to Financial Privacy Act of 1978, enhancing the confidentiality of financial records by imposing stricter warrant requirements and exceptions. Additionally, it seeks to dismantle the Consolidated Audit Trail to prevent privacy...
Simple Explanation
The Saving Privacy Act is like a special rulebook that helps keep people's money secrets safe by making it harder for others to peek at them without a good reason. It also says that the government cannot make a type of money that only exists on computers, and it stops a big tool that checks on money businesses to keep people’s money information private.