Bill that would prevent patent abuse will be considered by the Senate Judiciary Committee on March 27.
Georgia Democrat Hank Johnson said he would support an "oversight investigatory hearing to probe into that matter."
Bipartisan legislation would require entities, including financial institutions, retailers and federal agencies, to investigate breaches and inform consumers.
NAFCU renews call for congressional action while New York attorney general says probe is underway.
Data security bill, sponsored by Sen. Patrick Leahy (D-Vt.), includes criminal penalties for those who conceal a breach.
Here we go again. Saying that it would “expand the options for small businesses at no expense to taxpayers,” Sen. Mark Udall (D-Colo.) last week reintroduced a measure to raise the cap on member business lending from 12.25% of assets to as much as 27.5% of assets.
The political action committees of CUNA and NAFCU won some and lost some in yesterday's primary elections.
The issue of regulating interchange fees will be one of the topics lawmakers have to deal with when the House-Senate conference committee meets today to reconcile the differences between the financial reform bills passed by both chambers.
The chairmen and ranking Republicans of the Senate Agriculture and Banking committees are among the 12 senators named to the Senate-House conference committee that will reconcile differences between the regulatory overhauls.
Vermont might become the first state to enact a law regulating whether and how retailers pay card interchange fees.