The Saving Privacy Act aims to strengthen the confidentiality of financial records under the Right to Financial Privacy Act of 1978 by requiring government authorities to obtain a warrant for access. It also eliminates the previously established Consolidated Audit Trail,...
Simple Explanation
The Saving Privacy Act is like a superhero for your family's money secrets, making sure big people need a special paper called a "warrant" to peek at your money things and stopping them from making a new kind of money that only they can control.