WASHINGTON, DC - House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Commerce, Manufacturing, and Trade Subcommittee Chairman Michael C. Burgess, M.D. (R-TX) today issued the following statement in response to the administration’s privacy proposal.
“There are some interesting elements included in the president’s proposal but we must tread carefully. Consumers deserve strong privacy protections online, and companies have a vested interest in safeguarding their customers’ personal information. The Internet economy is dynamic and certainly moves faster than Congress. We are seeing great innovation on privacy and consumer choice, raising doubts about whether comprehensive legislation is the best approach. But one area where we certainty need a federal solution is data breach notification. Data breaches threaten consumers’ credit and pocketbooks and they are an annual drag on our economy of tens of billions of dollars. We hope that Congress and the administration can finally work together to address this growing problem before another decade of data breaches passes by."
