Josh Gottheimer: “I thank Mr. Riggleman for his points. He is a good friend, and I respect him deeply. I disagree here, respectfully. The…”

“I thank Mr. Riggleman for his points. He is a good friend, and I respect him deeply. I disagree here, respectfully. The whole point of this is to protect consumers. Giving consumers more data to have access to about themselves and to understand their own credit scores and their own credit history and have more transparency into their own lives does not hurt them; it helps them. That is exactly what we are doing today, so that if you are hacked, if you are one of the millions of Americans whose credit is stolen every single day and you are trying to put your credit life back together, not by your own making, because someone did it to you, and they are opening accounts and doing things to you, what this legislation will do is help you. Instead of having to spend hours chasing down the three bureaus and hoping that they actually do what they say they are going to do and put your credit back together, so that when you want a house and a mortgage, or you want a car, and you want to do the things that you have worked very hard to build your credit for, someone else who stole your credit won't be able to undermine that. That is what this bill does. One point, just to clarify this important point that the ranking member made. The bill does not mandate the collection of Social Security numbers.…”