The Right to Financial Privacy Act is designed to limit government access to what?

• A. Customer financial records held by financial institutions.
• B. Mortgage rates offered by banks.
• C. Fees charged by savings institutions.
• D. Insurance product disclosures.

Answer: (A)

The main idea here is the privacy of personal financial information held by banks and similar institutions. The Right to Financial Privacy Act limits how government agencies can access a customer's financial records that are kept by financial institutions. It protects information like bank statements, transaction histories, loan files, and other account details, requiring proper legal process or customer consent before those records can be disclosed.

That’s why the best choice focuses on customer financial records held by financial institutions. The other options describe product details or pricing (mortgage rates, fees, or insurance disclosures) and aren’t about restricting government access to private financial records.