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Target Breach: Lawmakers Press for Hearings

Lawmakers, trade associations and industry lobbyists increase pressure on Congressional committees to investigate the growing Target breach.

By Nicholas Ballasy | Updated on January 13, 2014

Democratic members of the House Financial Services committee have called on Chairman Jeb Hensarling (R-Texas) to hold a full committee hearing on the Target data breach.

“We note that the Committee’s oversight plan for the 113th Congress states that building on the Committee’s long-standing role in developing laws governing the handling of sensitive personal financial information about consumers including the Gramm-Leach-Bliley Act and the Fair and Accurate Credit Transactions Act, the Committee will continue to evaluate best practices for protecting the security and confidentiality of such information from any loss, unauthorized access, or misuse,” the 17 congressmen and women wrote in a letter on Friday.

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