S.809

Saving Privacy Act amends Right to Financial Privacy Act of 1978 to preserve confidentiality of certain records.

Saving Privacy Act amends Right to Financial Privacy Act of 1978 to preserve confidentiality of certain records. It requires financial institutions to retain transaction records that include information derived from financial records of particular customers. It prohibits Federal agencies from accessing financial records or information of individuals in a manner prohibited by the Fourth Amendment. It also prohibits Federal agencies from restricting the use of convertible virtual currency by individuals for purchasing goods or services.