President Joe Biden has signed an executive order to protect Americans' sensitive personal data from exploitation by countries of concern.
It will authorize the Attorney General to prevent the large-scale transfer of Americans' personal data to countries of concern and provides safeguards around other activities that can give those countries access to sensitive data.
"Buying data through data brokers is currently legal in the United States, and that reflects a gap in our national security. Today, we are taking narrowly crafted steps to close that gap," White House Press Secretary Karine Jean-Pierre said at a news conference.
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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.