We now have an excellent Senate bill for consumer privacy and no CBDCs, the "Saving Privacy Act" introduced by Sens. Mike Lee and Rick Scott.

–Repeals the Bank Secrecy Act’s SAR and CTR reporting requirements while maintaining recordkeeping provisions.

–Repeals the Corporate Transparency Act.

–Strengthens Fourth Amendment protections, bolstering warrant requirements in the Right to Financial Privacy Act of 1978.

–Repeals the SEC’s Consolidated Audit Trail (CAT) database.

–Requires congressional approval for any new databases that collect personally identifiable information of U.S. citizens.

–Prohibits the creation of a Central Bank Digital Currency.

–Requires congressional authorization for financial regulations deemed major rules.

–Institutes penalties for federal employees who illegally seek constitutionally protected financial information.

–Establishes a private right of action for Americans and financial institutions harmed by illicit government activity.

Very happy to have my supporting comments attached to the bill.