The President's Intelligence Advisory Board (PIAB) has recommended that Section 702 of the Foreign Intelligence Surveillance Act (FISA) should be reauthorized upon its expiry by the end of this year.
Section 702, which is one of the United States' most critical intelligence tools used against national security threats, is set to expire on December 31 unless Congress takes action to reauthorize it.
It authorizes the National Security Council, the Department of Homeland Security, and security/intelligence agencies like FBI and CIA, to collect foreign intelligence information from non-U.S. persons located abroad.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.