AXIOS February 28, 2024
President Biden will sign an executive order Wednesday that aims to stop data brokers and other companies from selling Americans’ data to organizations in adversarial foreign countries, including China and Russia.
Why it matters: This is the first time a president has attempted to clamp down on third-party sales and access to the data collected about U.S. citizens by tech, advertising and marketing companies.
- Biden’s executive order also comes as Congress has struggled to pass a comprehensive data privacy law that would address what information companies can collect and sell about U.S. citizens.
What’s inside: Under the order, the Department of Justice will propose a rule that will restrict and prohibit most bulk data transfers of Americans’ personal...