Report: 51 Major CEOs Ask Congress For Federal Privacy Law Blocking State Rules

From The Hill:

Fifty-one chief executives at major U.S. corporations, including Amazon, AT&T and IBM, are urging Congress to pass federal consumer privacy legislation that would block states from implementing their own regulations on data privacy.

The Business Roundtable, a coalition of major CEOs, sent a letter to lawmakers Tuesday, urging them to act quickly to pass what would be the nation’s first comprehensive privacy law.

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From CNBC

The executives, who span a range of industries, said a federal law is necessary to ensure “strong, consistent protections for American consumers” and allow “American companies to continue to lead a globally competitive market.” The letter was addressed to leaders of the House Energy and Commerce committees and the Senate Commerce, Science and Transportation committees, in addition to House and Senate leaders.

“As Chief Executive Officers of leading companies across industries, our companies reach virtually every American consumer and rely on data and digital platforms every day to deliver and improve our products and services,” the CEOs wrote in the letter. “Consumer trust and confidence are essential to our businesses. We are committed to protecting consumer privacy and want consumers to have confidence that companies treat their personal information responsibly.”

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Direct to Letter Sent to Congress

See Also: Business Roundtable News Release

Filed under: Data Files, News