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On the recordSeptember 12, 2016
Mr. Speaker, I move to suspend the rules and agree to the resolution (H. Res. 835) expressing the sense of the House of Representatives that the United States should adopt a national policy for technology to promote consumers' access to financial tools and online commerce to promote economic growth and consumer empowerment. The Clerk read the title of the resolution. The text of the resolution is as follows: H. Res. 835 Whereas technology solutions have the potential to improve consumers' ability to control their economic well-being, to encourage their financial literacy, and improve their knowledge base and increase their options to manage their finances and engage in commerce; Whereas new payment methods and new payment strategies reflect new commercial opportunities; Whereas the United States is the world leader in software development and technology creation; Whereas financial technology is creating new opportunities for the 24,800,000 underbanked households in the United States; Whereas the growth of consumers' use of mobile devices and the deployment of broadband access has supported the growth of financial technology products and services outside of traditional products and services offered by banks and other financial institutions in the United States increasing commerce and job growth; Whereas identity theft is a rising concern for people in the United States as their personal information is targeted by criminal enterprises for monetization on the black market; Where…

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