October 16, 2021

Volume XI, Number 289

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October 15, 2021

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October 14, 2021

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October 13, 2021

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U.S. House Committee Votes to Create New FTC Privacy Bureau and Appropriate $1 Billion to the Agency

On September 14, 2021, the U.S. House Committee on Energy and Commerce (“E&C Committee”) voted in favor of a legislative recommendation that would create a new Federal Trade Commission privacy bureau as part of the proposed $3.5 trillion federal budget reconciliation package.

Specifically, the E&C Committee’s markup of the proposed budget would appropriate $1 billion to the FTC over 10 years to create and operate a bureau to accomplish the Commission’s work related to unfair or deceptive acts or practices relating to privacy, data security, identity theft, data abuses and similar matters.

The E&C Committee’s vote sends this legislative recommendation to the House Committee on the Budget for inclusion in the broader budget reconciliation package. A final reconciliation package will require votes by the U.S. House of Representatives and Senate.

Copyright © 2021, Hunton Andrews Kurth LLP. All Rights Reserved.National Law Review, Volume XI, Number 259
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About this Author

In today’s digital economy, companies face unprecedented challenges in managing privacy and cybersecurity risks associated with the collection, use and disclosure of personal information about their customers and employees. The complex framework of global legal requirements impacting the collection, use and disclosure of personal information makes it imperative that modern businesses have a sophisticated understanding of the issues if they want to effectively compete in today’s economy.

Hunton Andrews Kurth LLP’s privacy and cybersecurity practice helps companies manage data and...

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