We Now Know Who Will Have the Last Word at Next Week's Trump...
We Now Know What's to Blame for That 911 Outage in Massachusetts
Don't Expect to Hear From the White House Much Over the Next Week
New Research Paper Shows Which States Affected by Pollutants From East Palestine Train...
Hewitt Identifies the One Crucial Aspect About Trump Those on His VP Short...
Here's Which State Just Became the First in the Nation to Require 10...
Dr. Scott Atlas Gives It Right Back After Potshot From Fauci
AOC Has Quite the Take on How PACs Work
The Story About the Illegal Alien Who Allegedly Raped a 13-Year-Old in NYC...
New Poll: Trump Is Still Up in Key Swing States
DOJ Omits One Inconvenient Detail About the Club Q Shooter
Here’s How This California School District Trains Staff About Illegal Immigration
Biden's DOJ Went After a Doctor for Exposing Trans 'Care' for Children. Here's...
There Will Be a Price to Pay: Consequences Are Coming for Universities That...
The Transcript Is Here for Biden's Amnesty Announcement, and It Doesn't Help the...

President Signs FACTA Legislation into Law

My office just got word from the White House that the President signed H.R. 4008, the Credit and Debit Card Receipt Clarification Act of 2007 into law this morning. As the chief co-sponsor of this bi-partisan bill, I'm pleased to report the good news to you all today.

There's video below of me speaking on the floor, but to give you a quick summary, the purpose of this legislation is
to ensure that consumers suffering from credit or identity theft are protected while also limiting abusive lawsuits that result in increased cost to business - especially small businesses -  and potentially increased prices to consumers.

This bill amends the Fair Credit Reporting Act with respect to rules for printing an expiration date on certain credit and debit card receipts. This is all part of the Fair and Accurate Credit Tranactions Act of 2003 (FACTA) that was passed to prevent identity theft and credit card fraud. This bill makes the previously passed legislation much more sound, and leaves Americans more secure.

Join the conversation as a VIP Member


Trending on Townhall Videos