Enact a National Consumer Privacy Law.
Today, American consumers do not feel in control of their personal data and how it is collected, used, shared – and protected. At the same time, U.S. privacy laws are highly fragmented across industries and jurisdictions, creating a patchwork of regulations, which hurts both consumers and companies.
That is why Business Roundtable members are calling on U.S. policymakers to adopt a national privacy law. The CEOs of America’s leading companies believe that such a law must strengthen protections for consumers and foster U.S. competitiveness and innovation while also addressing fragmentation and achieving some degree of interoperability with international privacy frameworks.
Working with companies from virtually every sector of the U.S. economy, Business Roundtable has developed a framework for legislation that establishes individual data privacy rights and provides clear obligations for how companies handle personal data by establishing a national standard for privacy.