House Data Privacy Bill Would Preempt State Law

After holding a hearing on the subject earlier this month, House Financial Services Committee Chairman Patrick McHenry (R-NC) is set to bring his bill, the Data Privacy Act of 2023, to the full committee for a markup tomorrow, Tuesday, February 28. The bill seeks to revise existing federal standards created by the 1999 Gramm-Leach-Bliley Act …

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Act Now: Tell the FTC Not to Ban Non-Competes

In January, the Federal Trade Commission (FTC) issued a notice of proposed rulemaking (NPRM) that would ban the use of non-compete provisions and non-compete agreements between employers and workers. The NPRM invites members of the public to comment during a period that will end on March 20, 2023. Once the comment period ends, the FTC …

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Flood Insurance Continuous Coverage Bill Introduced

On February 9, Reps. Kathy Castor (D-FL), and Blaine Luetkemeyer (R-MO) reintroduced H.R. 900, the Continuous Coverage for Flood Insurance Act. The bill would provide continuous coverage protection to policyholders who leave the National Flood Insurance Program (NFIP) to purchase a private flood policy and then need to return to the NFIP. H.R. 900 would …

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House Subcommittee Holds Hearing on Federal Data Privacy Bill

The House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy held a hearing today entitled, “Revamping and Revitalizing Banking in the 21st Century.” One of the bills discussed during the hearing, the Financial Data Privacy Act, seeks to revise existing federal standards for consumer data privacy by expanding the requirements associated with the …

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PIA Releases 2023 Policy Priorities

The PIA Government Relations staff has reviewed PIA’s past policy positions and Congress’s current priorities, and, in consultation with PIA members across the country, we have developed our 2023 Policy Priorities. While the items below are our top priorities for this year, PIA is always working to promote the interests of our independent agent members, …

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