A Quote by Seth Moulton
I voted in support of H.R. 5192, which seeks to curb identity fraud by requiring the Social Security Administration (SSA) to develop a database that financial institutions can use to compare their consumer data against SSA records.
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The main thing is that people see constant reports of break-ins on, on record systems and stolen financial data and social security records and so they'd think about you know what's going to prevent that happening with my medical records. And interestingly enough, patients are less worried about that than their doctors are.
The SSA's practice of allowing union activity during normal federal government operations is unfair to seniors and taxpayers.
By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
I voted against H.R. 4293, the Stress Test Improvement Act of 2017, which would modify the regulatory oversight of certain financial institutions in a way that is likely to expose our economy to greater risk.
Those who perpetrate fraud against our financial institutions will be met with the full force of law enforcement.
When the concept of Social Security came before the House, every Republican but one voted against it. Had it not been for the Democrats, Social Security would never have passed, and our older people would not have this great support that our people provide. It has been my experience that Democrats generally vote to protect the people, while Republicans seem to try to protect the interests of big business.
We can only query against that which we have collected. And so if someone has never made a ripple in the pond in Syria in a way that would get their identity or their interest reflected in our database, we can query our database until the cows come home, but there will be nothing show up because we have no record of them.
The security of computers and the Internet is a horrible and dangerous mess. Every week we hear about breaches of databases of Social Security numbers and financial information and health records, and about critical infrastructure being insecure.
Even if a financial institution rejects an initial application by an individual using a synthetic identity, credit bureaus create a record from the transaction based on the fraudulent credentials. Consequently, the record can be used repeatedly by a fraudster to establish a fake identity used to commit financial and other types of fraud.
We marked a milestone for consumer empowerment when we began to publish consumer complaint narratives which allow people to share in their own words their experiences in the consumer financial marketplace.
I support safeguarding users' personally identifiable information and sensitive data like health or financial records. I also believe the government has a responsibility to punish deceptive and unfair practices that defy reasonable expectations about consumers' privacy.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.
Although I voted against the initial resolution approving the war in Iraq, I have consistently voted to support our troops with much-needed armor and supplies.
I do not believe that the Social Security system is in crisis. The Social Security Administration itself recently reported that the system is able to pay full benefits as they are defined today until at least 2042.
The criminal law needs to be improved to meet new forms of crime, but to denounce financial devices which are useful and legitimate because use is made of them for fraud, is ridiculous and unworthy of the age in which we live.
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