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Congress has latched on to the matter and has been furiously introducing and moving legislation with about 10 bills circulating between the two chambers. “Nobody knows right now what’s going on,” NAFCU Associate Director of Legislative Affairs Debbie Kwon-Moore explained. On May 11, a House Judiciary subcommittee held a hearing on its own bill, Cyber-Security Enhancement and Consumer Data Protection Act of 2006 (H.R. 5318), and a markup was slated for May 18. This bill focused mainly on the investigation, prosecution and penalties for cyber-crimes and stealing personal information.

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