Foster Introduces Legislation to Increase Transparency of Social Media Data Collection
May 24, 2024
May 24, 2024
WASHINGTON, May 24 -- Rep. Bill Foster, D-Illinois, issued the following news release on May 23, 2024:
Today, Congressman Bill Foster (D-IL) introduced the Designing Accounting Safeguards to Help Broaden Oversight and Regulations on Data (DASHBOARD) Act. This legislation would require data harvesting companies like social media platforms to tell consumers and financial regulators exactly what data they are collecting from customers and how it is being leveraged for profit.
Today, Congressman Bill Foster (D-IL) introduced the Designing Accounting Safeguards to Help Broaden Oversight and Regulations on Data (DASHBOARD) Act. This legislation would require data harvesting companies like social media platforms to tell consumers and financial regulators exactly what data they are collecting from customers and how it is being leveraged for profit.