Insurers Praise Bush Support For Credit Act

NU Online News Service, July 2, 3:29 p.m.EDT?Insurance groups are applauding both Congress and theBush administration for their efforts to reauthorize the FairCredit Reporting Act.

In Congress, a bipartisan coalition has introduced legislation,called the Fair and Accurate Credit Transactions Act, H.R. 2622,that would reauthorize FCRA as well as establish new consumerprotections against identity theft.

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