TREASFinal Rule
Privacy Act; Exempting a System of Records from Certain Requirements
Finance & BankingOther
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Summary
The Treasury Department is exempting one of its databases from certain privacy protections that normally allow people to access and correct their personal information. This means the public will have fewer rights to review records the government holds about them in this particular system.
Key Points
- 1The Treasury Department is hiding one of its record systems from standard Privacy Act requirements that let people see what personal information the government has about them
- 2People will no longer be able to request access to or correct their own records in this exempted database
- 3The regulation applies specifically to records maintained by the Treasury Department, which handles federal finances and tax-related matters
- 4This exemption typically applies to sensitive records like law enforcement files or security investigations where releasing information could cause harm
- 5People affected by this change should be aware they may have limited ability to check if Treasury has accurate information about them in this system
Impact Assessment
If you are a consumer or individual with records in this Treasury database, this means you will have reduced ability to access, review, and correct personal information the government holds about you in this particular system.
Impact Level
Significant
Geographic Scope
National
Compliance Cost
None
Who is Affected
ConsumersFederal EmployeesFinancial Institutions
Key Dates
Published
May 14, 2025
Regulatory Connections
Authorized By
Amends CFR Sections
31 CFR Part 1
Other Documents in This Rulemaking (TREAS_FRDOC_0001)
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Civil Monetary Penalty Inflation Adjustment
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This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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