Janice Schakowsky actually said...

So you would disagree with that conclusion that it doesn't stop fraud on existing accounts and won't prevent new account identity theft?

Payment card breaches are severe incidents that criminals tend to obtain card data, spend money when they can, and then move on.

I hope and expect that we will work together to address these issues.

I believe it is critical that this subcommittee move forward with legislation that will ensure that best practices are followed at all retai...