The Government Performance and Results Act (P.L. 103-62) requires
federal agencies to establish clear goals based on their statutory authority.
They must also report annually on their progress in meeting those goals.
With regulations under the Gramm-Leach-Bliley Act in place, improvements in
privacy protection should now become a major part of the Results Act documents
produced by the agencies that regulate financial services.
This is not an easy intellectual exercise because "privacy" reflects the
values of individuals, which governments are in a difficult position to protect.
Nonetheless, if taxpayer dollars are to be consumed and business practices
altered in the name of privacy, the results of that spending and regulating
should be measured.
Links:
FDIC Strategic
Plans and Reports, Federal Deposit Insurance Corporation
Reports to the Congress, The Federal Reserve Board
Mission, Goals and
Results Web page, U.S. Department of the Treasury
Government
Performance and Results Act Web page, Federal Trade Commission
Strategic
Plan Web page, National Credit Union Administration
About the SEC
Web page, Securities and Exchange Commission
Comments? comments@privacilla.org
(Subject: GLBResults)
[updated 07/19/01]
