Our investigation continues into the Equifax breach and today's hearing is another step to get answers for the public about: what the industry response has been to this breach, if the cybersecurity landscape has shifted as a result of the breach, and what laws and regulations are at issue.

Thank you very much.

The Equifax data breach was a stark demonstration of the responsibility that credit bureaus and all companies have.

All of these issues are critically important to understand in our digital economy and I look forward to working with the chairman and my fellow subcommittee chairman on these issues in the coming months.

I believe modernizing regulations is critical to spur innovation.

The free transmission of data across borders contributes to a seamless exchange of information, goods, and services.

I appreciate your previous words of support for advanced nuclear technologies.

Digital trade has been a significant benefit to the U.S. economy, contributing to an estimated 2.4 million new jobs.

Today's hearing needs to shed some much needed light on this breach.

Americans deserve to know what Equifax is doing to fix the problems and help individuals that are impacted.

The public deserves to know what happened and what steps are being taken to protect their sensitive data going forward.