CNBC February 28, 2024
Jonathan Vanian

Key Points

– U.S. President Joe Biden will issue a new executive order intended to safeguard the personal data of American citizens from countries deemed hostile.

– The executive order centers on the business of selling people’s personal information, in which companies and so-called data brokers collect and trade data.

– Lawmakers and intelligence agencies have previously expressed concern that the Chinese Communist Party is amassing a wealth of U.S. data, posing national security concerns.

U.S. President Joe Biden will issue an executive order Wednesday intended to safeguard the personal data of American citizens from countries deemed hostile.

The executive order centers on the business of selling people’s personal information, in which companies and so-called data brokers collect and trade...

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