Richard Bryan: “Mr. President, I want to commend my colleague, Senator Bond, who has worked tirelessly over the past several years…”

“Mr. President, I want to commend my colleague, Senator Bond, who has worked tirelessly over the past several years trying to craft a piece of legislation which, in my view, is the most important consumer protection legislation that we could offer in this session of the Congress. I think we are extremely close to being there as a result of his leadership and support and that of our respective staffs and many with whom we have had occasion to work very closely over these past several years. This legislation will improve the accuracy of the 450 million credit reports kept on about 90 percent of all Americans. When the original Fair Credit Reporting Act was passed 20 years ago, it provided a number of important consumer protections.”