Political Quotes

“I would like to affirm the understanding between the gentleman from Ohio (Mr. Oxley) and the gentleman from Massachusetts (Mr. Frank). In this bill we built upon the amendments that the gentleman from Ohio (Mr. LaTourette) and the gentlewoman from Oregon (Ms. Hooley) had first offered along with the gentleman from New York (Mr. Ackerman) and also the gentleman from Massachusetts (Mr. Frank) to flesh out existing uniform standards. The bill of the gentleman from Ohio (Mr. LaTourette) and the gentlewoman from Oregon (Ms. Hooley) that we used as our base text expanded on the uniform standards for identity theft. But in that bill, as in ours, there is no intent to go beyond the specific subjects identified in the bill. So, for example, we do create uniform standards for opening new credit accounts when there are allegations of potential identity theft under our fraud alert and blocking provisions. Because you need a consistent rule that consumers and businesses can rely on when there has been a fraud alert, when there has been an allegation of identity theft. We do not address other subject matters that are not covered such as limits on Social Security number use or criminal penalties for identifying theft perpetrators. These are issues that we expect the States to continue to work out solutions to.”