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FEDERALhearing transcript

Congressional Hearing on Consumer Credit Data Security

Original title: SECURING CONSUMERS' CREDIT DATA IN THE AGE OF DIGITAL COMMERCE

January 1, 2018

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The Frame

What this does

The hearing examined the regulatory and security frameworks governing how credit reporting agencies handle sensitive consumer financial data, which directly impacts the privacy and identity security of all Americans with credit histories.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Consumers

The security of their personal credit data is the primary subject of the policy discussions.

Credit Reporting Agencies

These entities are subject to potential new regulatory requirements regarding data protection.

What changed

Last recorded activity January 1, 2018.

What's next

Next step not available in the current record.

Summary

This document is a transcript of a 2017 House subcommittee hearing focused on how to better protect consumer credit data in the digital age. Lawmakers and expert witnesses discussed the security of personal information held by credit reporting agencies and the challenges of .

Key Facts

  • The hearing took place on November 1, 2017, in the Rayburn House Office Building.
  • The session was held by the Subcommittee on Digital Commerce and Consumer Protection.
  • Witnesses included representatives from the Consumer Data Industry Association, Johns Hopkins University, Harvard Kennedy School, and Hudson Cook, LLP.
  • The hearing focused on the security of consumer credit data within the digital commerce ecosystem.
  • The record includes submitted statements from Symantec Corporation and the Electronic Frontier Foundation.
  • Expert testimony and answers to follow-up questions were entered into the official record for future policy consideration.

Frequently Asked Questions

What was the purpose of this hearing?
The hearing was held to discuss how to improve the security of consumer credit data and address risks associated with .
Who testified at the hearing?
Witnesses included Francis Creighton (Consumer Data Industry Association), James Norton (Johns Hopkins University), Bruce Schneier (Harvard), and Anne P. Fortney (Hudson Cook, LLP).

Why It Matters

The hearing examined the regulatory and security frameworks governing how credit reporting agencies handle sensitive consumer financial data, which directly impacts the privacy and identity security of all Americans with credit histories.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

AARP

$4,110,000

2026

HEALTH ISSUESMEDICARE/MEDICAIDLAW ENFORCEMENT/CRIME/CRIMINAL JUSTICEPHARMACY

P.L. 119-21, One Big Beautiful Bill Act H.R. 8867, Planning for Long-term Aging Needs (PLAN) Act H.R. 5861, Legacy Act of 2025 H.R. 9393, the Lower Costs, More Transparency Act. H.R. 9396, the Prior Authorization Accountability Act. S. 4916, the Aging with Artificial Intelligence Act. H.R. 8100, Safe Staffing Saves Lives Act. S. 3886, Nurses Belong in Nursing Homes Act. H.R. 6766/S. 3492, the Essential Caregivers Act of 2025. H.R. 7966/S. 4118, Hospice Care Accountability, Reform, and Enforcement (Hospice CARE) Act. S. 2120, the Older Americans Act Reauthorization Act of 2025 H.R. 5575, the Firefighters Assisting Seniors to Emergency Response (FASTER) Act of 2025. H.R. 3954/S. 4641, Improving Access to Medicare Coverage Act. H.R.5554/S.2831, Stand Strong for Medicare Act. S. 3439/H.R. 6735, Connecting Caregivers to Medicare Act and efforts related to the bill S. 1227/H.R. 2491, Alleviating Barriers for Caregivers Act S. 668/H.R. 3183, Supporting Access to Falls Education and Prevention and Strengthening Training Efforts and Promoting Safety Initiatives (SAFE STEPS) for Veterans Act of 2025 CMS-1851-P, Hospice Proposed rule. CMS-1843-P, Skilled Nursing Facility Proposed rule. CMS-1844-P, Home Health Proposed rule. No bill number. Health care transparency. No bill number. Discussed use of artificial intelligence and health data technology. No bill number. Discussed health-related policies and activities around the fall respiratory virus season. No bill number. Discussed health insurance affordability proposals. No bill number. Discussed Nursing Home staffing standards, safety, and quality. No bill number. Discussed Nursing home transparency and ownership requirements. No bill number. Discussed home health, hospice, and long-term care. No bill number. Discussed falls prevention. No bill number. Discussed social isolation. No bill number. Discussed HUD Assisted Living Requirements No bill number. Discussed family caregiving. No bill number. Discussed AARP paper on Medicare Caregiver Training Services. No bill number. Discussed Medicaid community engagement interim final rule, including the family caregiver exemption. No bill number. Discussed the paid direct care workforce in long-term care. No bill number. Discussed the unaffordability of long-term care. No bill number. Discussed Money Follows the Person Rebalancing Demonstration Program and Medicaid HCBS spousal impoverishment protections. No bill number. Discussed Medicaid fraud and family caregivers, Medicaid self-direction programs. No bill number. Discussed sandwich generation family caregiver hearing and submitted a statement for the record discussing family caregivers and sandwich generation caregivers, programs that support them, AARP caregiving resources, and federal policies to support sandwich generation caregivers and caregivers more broadly. No bill number. Discussed long-term care. No bill number. CMS-2453-NC; Medicaid Program; 2028 Medicaid Home and Community-Based Services Quality Measure Set Submitted comments No bill number. Discussed expanding access to home care. No bill number. Discussed the increasing cost of home care No bill number. Discussed HSA use for telehealth chronic care management services/subscriptions. No bill number. Discussed artificial intelligence and technology

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

cross reference90% confidence

External Advocacy Input

The hearing record explicitly incorporates input from the Electronic Frontier Foundation, indicating a cross-sector interest in the policy discussion.

Connected Entities

organizationSubcommittee on Digital Commerce and Consumer ProtectionThe body conducting the hearingMap →
personRobert E. LattaChairman of the Subcommittee on Digital Commerce and Consumer ProtectionMap →
personJanice D. SchakowskyRanking Member of the SubcommitteeMap →
personBruce SchneierSecurity expert and lecturer at HarvardMap →
personFrancis CreightonCEO of Consumer Data Industry AssociationMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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