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Ayanna Pressley: “We can't innovate financial privacy laws without our…”

Featuring: Ayanna Pressley, Democratic | U.S. House Massachusetts, 7th Congressional District

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Rep. Pressley Calls for Autonomy over Consumers' Personal Financial Data, Protection from Big Banks

Published | Video Starts at 03:31

So it's moving the default, that would matter the most. Yeah, I mean, look, it's the people's data, it's the people's money. And We can't innovate financial privacy laws without our communities being at the center of those decisions. And given all the benefits of open banking, could you just speak to why exactly are people opposed? Why would they work so actively to obstruct this progress and this empowering of the consumer? (03:31–03:37)

CLAIM

Asserts that community involvement is essential in innovating financial privacy laws.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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