Page

81 125

207 207

83 133 207

99 138

WITNESSES
J. Howard Beales, III, Director, Bureau of Consumer Protection, U.S. Federal
Trade Commission, Washington, DC

Prepared statement
Response to written questions of:

Senator Dole

Senator Miller
Timothy Caddigan, Special Agent in Charge, Criminal Investigative Division,
U.S. Secret Service

Prepared statement

Response to written question of Senator Miller
Michael D. Cunningham, Senior Vice President, Credit and Fraud Operations,
Chase Cardmembers Services

Prepared statement
Response to written questions of:

Senator Dole

Senator Miller
John M. Harrison, Captain, U.S. Army (Retired), Rocky Hill, Connecticut

Prepared statement
Respsonse to written iestions of:

Senator Dole

Senator Miller
Stuart K. Pratt, President and Chief Executive Officer, Consumer Data In-
dustry Association

Prepared statement
Linda Foley, Executive Director, Identity Theft Resource Center

Prepared statement

Response to written question of Senator Miller
William Hough, Vice President of Credit Services, The Neiman Marcus
Group, on behalf of the National Retail Federation

Prepared statement

Response to written question of Senator Miller
Michael W. Naylor, Director of Advocacy, AARP

Prepared statement
Response to written question of Senator Miller

208 208 101 157

208 210

104 160 108 171 211

111 187 214 113 189 214

217

218 219 220 221 222 222 247

THURSDAY, JUNE 26, 2003
Opening statement of Chairman Shelby
Opening statements, comments, or prepared statements of:

Senator Johnson
Senator Bennett
Senator Sarbanes
Senator Allard
Senator Carper
Senator Dole
Senator Bunning

WITNESSES
Joel R. Reidenberg, Professor of Law, Fordham University School of Law

Prepared statement
Ronald A. Prill, former President, Target Financial Services, on behalf of
the National Retail Federation

Prepared statement
Terry Baloun, Regional President and Group Head, Wells Fargo Bank

Prepared statement
Response to written questions of:

Senator Shelby
Senator Bunning
Senator Sarbanes
Senator Dole

Senator Johnson
Julie Brill, Assistant Attorney General, the State of Vermont

Prepared statement

223 247

227 256 229 260

314 317 319 321 322 230 263 Page 233 291

Martin Wong, General Counsel, Global Consumer Group, Citigroup

Prepared statement
Response to written question of:

Senator Shelby
Senator Bunning
Senator Johnson

Senator Dole
Edmund Mierzwinski, Consumer Program Director, U.S. Public Interest
Research Group

Prepared statement
Angela L. Maynard, Chief Privacy Executive and Counsel, KeyCorp, on behalf
of the Financial Services Roundtable

Prepared statement

326 331 334 338

235 294

237 308

ADDITIONAL MATERIAL SUPPLIED FOR THE RECORD
Letter to Chairman Shelby and Ranking Member Sarbanes from Chris Jay

Hoofnagle, Deputy Counsel, Electronic Privacy Information Center, dated
June 24, 2003

340

349 399

THURSDAY, JULY 10, 2003
Opening statement of Chairman Shelby

Prepared statement
Opening statements, comments, or prepared statements of:

Senator Sarbanes
Senator Dole
Senator Johnson
Senator Enzi
Senator Carper
Senator Bennett
Senator Dodd

Prepared statement
Senator Crapo
Senator Stabenow

Prepared statement
Senator Allard

Prepared statement
Senator Corzine
Senator Schumer

350 352 352 353 355 355 357 402 358 358 402 359 403 360 360

WITNESSES
Timothy J. Muris, Chairman, U.S. Federal Trade Commission

Prepared statement

Response to written questions of Senator Sununu
Stephen Brobeck, Executive Director, Consumer Federation of America

Prepared statement
Stuart K. Pratt, President and CEO, Consumer Data Industry Association

Prepared statement
Richard F. LeFabvre, President and CEO, AAA American Credit Bureau,
Inc.

Prepared statement
David A. Jokinen, Sugar Land, Texas

Prepared statement
Evan Hendricks, Editor and Publisher, Privacy Times

Prepared statement

361 404 506 381 422 383 437

385 459 387 477 390 481

ADDITIONAL MATERIAL SUPPLIED FOR THE RECORD Letter to David A. Jokinen from the Social Security Administration

507

...........

TUESDAY, JULY 29, 2003
Opening statement of Chairman Shelby
Opening statements, comments, or prepared statements of:

Senator Sarbanes
Senator Bennett
Senator Stabenow
Senator Enzi

Prepared statement
Senator Miller
Senator Allard
Prepared statement

WITNESSES
Dolores S. Smith, Director, Division of Consumer and Community Affairs,
Board of Governors of the Federal Reserve System

Prepared statement

Response to written question of Senator Sarbanes
Donna Ġambrell, Deputy Director for Compliance and Consumer Protection,

Division of Supervision and Consumer Protection, Federal Deposit
Insurance Corporation

Prepared statement
Joel Winston, Associate Director, Financial Practices Division, Bureau of Con-
sumer Protection, U.S. Federal Trade Commission

Prepared statement
Travis B. Plunkett, Legislative Director, Consumer Federation of America

Prepared statement
Stacey D. Stewart, President and Chief Executive Officer, Fannie Mae

Foundation
Cheri St. John, Vice President of Global Scoring Solutions, Fair Isaac
Corporation

Prepared statement
Scott Hildebrand, Vice President, Direct Marketing Services, Capital One
Financial Corporation

Prepared statement

514 549 585 ph

515 554

517 558 518 560

520

522 566

524 579

THURSDAY, JULY 31, 2003

Page 587

Opening statement of Chairman Shelby
Opening statements, comments, or prepared statements of:

Senator Sarbanes
Senator Bennett
Senator Johnson
Senator Crapo
Senator Carper
Senator Dole

Prepared statement
Senator Corzine
Senator Bunning

592 594 596 597 599 601 627 602 603

WITNESSES

588 627 653

John W. Snow, Secretary, U.S. Department of the Treasury

Prepared statement

Response written questions of Senator Dole Michael F. McEneney, Partner, Sidley Austin Brown & Wood LLP; on behalf of the U.S. Chamber of Commerce

Prepared statement

611 630

Page

614 634

h
Edmund Mierzwinski, Consumer Program Director, U.S. Public Interest
Research Group; on behalf of: ACORN, Center for Community Change,

Consumer Action, Consumer Federation of America, Consumers Union,

Electronic Privacy Information Center, Identity Theft Resource Center, 51 Privacy Rights Clearinghouse, Privacy Times, and U.S. Public Interest 51 Research Group Prepared statement

ADDITIONAL MATERIAL SUPPLIED FOR THE RECORD
532
539Letter from Senator Jim Bunning to John W. Snow, Secretary, U.S. Depart-
549 ment of the Treasury, dated August 6, 2003
Consumer Credit: Limited Information Exists on Extent of Credit Report

Errors and Their Implications for Consumers, by Richard J. Hillman, Direc-
tor, Financial Markets and Community Investment, U.S. General Account-

ing Office
514 The Development and Regulation of Consumer Credit Reporting in America
54 by Robert M. Hunt, Senior Economist, Federal Reserve Bank of Philadel-
5& phia, dated November 2002

51: 51 549

654

655

675

51