So far, dozens of consumer and privacy advocates, economists, and corporate executives have testified in the House and Senate. But because it's complex stuff, you probably haven't read much about it in the papers. I've been keeping an eye on the . . .
So far, dozens of consumer and privacy advocates, economists, and corporate executives have testified in the House and Senate. But because it's complex stuff, you probably haven't read much about it in the papers. I've been keeping an eye on the testimony. And here's how it breaks down: Consumer advocates and state attorneys general say the credit industry is a mess when it comes to protecting consumer data -- and that states should have the right to pass laws to protect their citizens. Industry lobbyists champion the status quo and warn that any change will disable the "miracle of instant credit" that underpins the American economy.

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