Political Quotes

Lois Capps: tonight I will vote against H.R. 10. I do this with great disappointment because I truly believe that we must modernize…

On the recordJuly 1, 1999
tonight I will vote against H.R. 10. I do this with great disappointment because I truly believe that we must modernize our woefully out-of-date financial service laws. Modernizing these laws would create a more efficient financial service industry and bring greater choice and lower prices for consumers. But I cannot in good conscience support this legislation. The so-called medical privacy provision endangers consumer privacy protection by allowing their sensitive health information to be sold. I hope to work with my colleagues to tighten these provisions during conference so I can support a financial services bill that does not endanger patient privacy.
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Lois Capps

Editor's note · Context

Opposing H.R. 10 due to concerns over consumer privacy protections in financial services legislation.

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