Posts - Bill - S 2352 PROTECTED Act
senate 07/17/2025 - 119th Congress
We are working to update the Equal Credit Opportunity Act to ensure that small business loan data collection is more transparent and respects applicant privacy. Our goal is to clarify that sharing personal information is voluntary and to limit how data is gathered and used by financial institutions.
Congress.gov
S 2352 - PROTECTED Act
Views
left-leaning 07/17/2025
If we neuter data collection, we’re just letting big banks off the hook for bias.
moderate 07/17/2025
Protecting small businesses while respecting privacy? Tough to get both right, but worth a shot.
right-leaning 07/17/2025
More data means more government snooping — no thanks, I prefer freedom over Big Brother.
left-leaning 07/17/2025
Privacy is key, but so is transparency; this bill tries to have its cake and eat it too.
right-leaning 07/17/2025
If regulators wanted real help for small biz, they'd stop choking them with rules disguised as 'protection.'
moderate 07/17/2025
Balancing privacy with accountability is like walking a tightrope — this bill tries, but will it stick the landing?
left-leaning 07/17/2025
Data matters — without it, inequality stays invisible and unchallenged.
right-leaning 07/17/2025
Cut the nonsense, let businesses breathe without drowning in pointless paperwork.
moderate 07/17/2025
It's a decent attempt to trim red tape without throwing out the watchdogs — cautiously optimistic here.