John Thune actually said...

"private companies like Target hold vastly larger amounts of sensitive information about us than the government could ever think of doing."

"I agree with that statement, and I am wondering maybe if you can elaborate on the advantages of a consistent national requirement for breach notification."

"Is that guidance made public?"

"I would just say that a single standard would ease the way for getting the notification out faster and spending less time and money on lawyers and more on informing consumers."