Tim Scott: “I rise in support of H.R. 4561, the Federal Agency Protection of Privacy Act. I believe this legislation will improve…”

“I rise in support of H.R. 4561, the Federal Agency Protection of Privacy Act. I believe this legislation will improve the regulatory process and protect Americans from unjustified or unintended invasions of privacy. Individuals are required to provide detailed personal information while conducting a variety of everyday activities including credit card purchases, Internet usage, medical care, financial transactions, and the delivery of basic government services. Public transmission of this information further heightens the potential of identity fraud, a growing problem which impacted more than 700,000 Americans last year. While the Identity Theft and Assumption Deterrence Act of 1988 was enacted to address this problem, the FBI stated that identity theft remains America's fastest-growing white collar crime. Under this legislation, Federal agencies must consider the impact of proposed regulations on individual privacy.”