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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

we expect to complete that rulemaking this summer.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

I don't know--aside from my credit card, I don't know, if I buy something online, whether that information is going to be sold.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

We are as one, as a Commission, in opposing that.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

That strikes me as one aspect of credit in America that is highly abusive to people in low-income categories and desperate situations.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

we obtained a temporary injunction--or a restraining order in this case, freezing the defendant's assets.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

And I guess I'd have to say, bluntly, that Congress can ignore both of you.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

We hope to continue to earn that support by vigorously and aggressively fulfilling our mission to protect American consumers and promote a competitive marketplace.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

we've recovered nearly $500 million for consumers who lost their money in the financial frauds area alone

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

Unemployment and the foreclosure crisis have created prime opportunities for fraudsters to prey on financially vulnerable Americans.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

Unfortunately, the risk from new technology has also increased, such as identity theft, privacy violation, and data security concerns.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

we continue to prioritize consumer privacy and data security.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

Over the past 3 years, the FTC saved consumers more than $1.4 billion in economic injury.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

Make no mistake. I still have confidence in your leadership, but we have a responsibility on our side of the table as well.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

Chairman Schapiro, you announced the appointment of a new chief compliance officer to serve as the internal watch dog.

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Dick Durbin
@dickdurbin· Democratic · IL· Mar 17, 2010

In the wake of the massive Ponzi scheme perpetrated by Bernie Madoff, the SEC has undertaken an array of reforms to reduce similar frauds.

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