In my opinion, this makes it all much more reasonable to make the banks and financial institutions liable for all the fraudulent transactions that occur after the breach.
I want to thank you, Madam Chairlady, and Ranking Member Meeks, for holding this incredibly important hearing.
Before 9/11, we had 18 different intelligence organizations working independently, not sharing their information.
This is a very important hearing, and I would like to thank you for your leadership and for the willingness to tackle this in a nonpartisan ...
And what about the churning for fees?
the purpose of the Office of Financial Research--and I was one of the contributors in authoring it--was based upon language set forth in Dod...
I would like you all to review them and see if you would like to send your own letter. Maybe it is because I am in the Minority, that I don'...
Can you get us in writing what data elements you are collecting now? Are you sending that data back?
I read it. I wrote it. I was part of the team who wrote it. We did not mention the LEI.
the Americans who suffered a $16 trillion loss in our economy, the loss of their homes, the loss of their jobs, and the loss of their saving...
But we have to start somewhere. And this CFPB rule is a beginning point. And I might add, I think it is a long time in coming.