I want to thank Chairman Inouye, who graciously allowed me to pick up this issue and to carry it forward.

You said in your opening statement that you support the goals of this legislation. Are there areas in the bill that you think we need to work on?

Studies have shown the average victim of identity theft pays between $400 and $880 and devotes between 400 and 300 hours to remedy problems due to identity theft.

Yes, sir, Mr. Pratt?

Senator Pryor, your bill doesn't attempt monolithic application. You do have some exceptions.

Senator Pryor, I know full well that that's not what you want either.

Do you like the way we've tried to set the trigger in our legislation, or could you improve on that?

Thank you for holding today's hearing on the National Flood Insurance Program. I appreciate your attention to this important topic.

I look forward to the questions and I want to work with each of you to achieve a goal that I know we all share, to ensure that sensitive personal information is protected.

This has become such a problem, and my sense is the current state of the law is not sufficient to handle it.

The Privacy Rights Clearinghouse recently estimated that since 2005 a half billion sensitive records have been breached.

I think in your statement you said that you like the provision about the State attorneys general.