Mark Warner actually said...

"Do we need to do this in--I believe we need to do this in collaboration with industry, setting a regulatory process that would be static in an area that moves this quickly."

"How do you get the standard right on when it becomes the duty of the company or the financial institution to report an incursion?"

"I think this is a real problem that the FTC's enforcement authority in this area is so limited."

"I think they all agreed to increase the Truth in Lending Act to equalize all cards to an equal standard."