THE WHITE HOUSE: The Clinton-Gore plan for financial privacy and consumer protection in the 21st century.

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M2 PRESSWIRE-5 May 1999-THE WHITE HOUSE: Office of the Press Secretary -- The Clinton-Gore plan for financial privacy and consumer protection in the 21st century (C)1994-99 M2 COMMUNICATIONS LTD RDATE:040599 DETAILED PROPOSAL SUMMARY INTRODUCTION Technology and competition in financial services give Americans more complex choices than ever before.

Innovations in the financial marketplace offer millions of consumers new, ever increasing choices for investing their savings and obtaining credit. But new products have brought new risks and new abusive practices. We must update our consumer protection laws to give consumers the power, information and protection they need to profit from our 21st Century financial system. Members of Congress, including...