US spy law to expire for first time after lawmakers reject Trump’s controversial pick to lead spy agencies

Section 702, the U.S. law authorizing NSA and FBI warrantless surveillance, is set to expire on Friday for the first time. The development raises regulatory and national-security uncertainty, with potential implications for data privacy and surveillance policy. Market impact is likely limited unless the expiration triggers broader legislative or operational fallout.

Analysis

Section 702, the U.S. law authorizing NSA and FBI warrantless surveillance, is set to expire on Friday for the first time. The development raises regulatory and national-security uncertainty, with potential implications for data privacy and surveillance policy. Market impact is likely limited unless the expiration triggers broader legislative or operational fallout.