Index: src/wp-login.php
===================================================================
--- src/wp-login.php	(revision 42994)
+++ src/wp-login.php	(working copy)
@@ -847,6 +847,12 @@
 	<a href="<?php echo esc_url( wp_login_url() ); ?>"><?php _e( 'Log in' ); ?></a>
 	<?php echo esc_html( $login_link_separator ); ?>
 	<a href="<?php echo esc_url( wp_lostpassword_url() ); ?>"><?php _e( 'Lost your password?' ); ?></a>
+	<?php
+	if ( $url = get_privacy_policy_url() ) {
+		echo esc_html( $login_link_separator );
+		echo '<a href="' . esc_attr( $url ) . '">' . __( 'Privacy Policy' ) . '</a>';
+	}
+	?>
 	</p>
 
 	<?php
@@ -1114,6 +1120,12 @@
 		endif;
 		?>
 		<a href="<?php echo esc_url( wp_lostpassword_url() ); ?>"><?php _e( 'Lost your password?' ); ?></a>
+		<?php
+		if ( $url = get_privacy_policy_url() ) {
+			echo esc_html( $login_link_separator );
+			echo '<a href="' . esc_attr( $url ) . '">' . __( 'Privacy Policy' ) . '</a>';
+		}
+		?>
 	<?php endif; ?>
 	</p>
 	<?php } ?>