This bill strengthens privacy protections for your financial information by giving you more control over how banks and financial companies use and share your data. Right now, financial institutions can collect and share your personal information fairly freely. This bill changes that by requiring them to only collect and keep the minimum amount of data they actually need for their stated purposes. It also gives you the ability to opt out of data sharing at any time—not just when you first open an account—and requires companies to get your explicit permission before collecting or sharing sensitive information like your race, religion, health status, or precise location data. If you close an account, you can request that the company delete your information (with some exceptions for legal requirements), and you can ask to see exactly what data they have about you and who they've shared it with. The bill also makes it harder for third-party companies to use your login credentials to access your accounts without clear disclosure and your permission. Banks have to give you easier access to their privacy policies and explain in plain language how they use artificial intelligence with your data and whether your information goes to countries considered security risks. For smaller banks with less than $15 billion in assets, regulators must consider the compliance costs before imposing new rules.