Washington–The House Financial Services Committee is scheduled to act Wednesday on legislation establishing a national standard on data security.
Several Senate committees are also working on similar legislation. The Senate Banking Committee, among other panels, is drafting a bill, but it is unclear when the measure will be unveiled and acted on in that committee.
The House legislation was introduced last October. It would bar states from imposing their own standards, but would at the same time mandate that state regulators enforce the standards as they relate to insurance companies.
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