Obama could unveil his highly anticipated decisions as early as next week. Today, the president is expected to discuss his review with congressional lawmakers, while his top lawyer plans to meet with privacy groups.
Representatives from tech companies are meeting with White House staff tomorrow.
The White House says Obama is still collecting information before making final decisions.
Among the changes Obama is expected to announce is more oversight of the National Intelligence Priorities Framework, a classified document that ranks US intelligence-gathering priorities and is used to make decisions on scrutiny of foreign leaders.
Documents released by former National Security Agency systems analyst Edward Snowden revealed that the US was monitoring the communications of several friendly foreign leaders, including German Chancellor Angela Merkel.
The revelations outraged Merkel as well as other leaders, and US officials say the disclosures have damaged Obama's relations around the world.
Obama and Merkel spoke by phone yesterday, but US officials would not say whether they discussed the NSA issues.
The president also is said to be considering one of the review board's most aggressive recommendations, a proposal to strip the NSA of its ability to store telephone records from millions of Americans and instead have phone companies or a third party hold the records.
It's unclear whether Obama will ultimately back the proposal or how quickly it could be carried out if he does.
Before making his final decisions, the president was supposed to receive a separate report from a semi-independent commission known as the Privacy and Civil Liberties Oversight Board, which was created by Congress.
However, that panel's report has been delayed without explanation until at least late January, meaning it won't reach the president until after he makes his decisions public.
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