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 Home > News & Policies > December 2003

For Immediate Release
Office of the Press Secretary
December 4, 2003

Statement on H.R. 2622
Statement by the Press Secretary

On Wednesday, December 4, 2003, the President signed into law:

H.R. 2622, the "Fair and Accurate Credit Transactions Act of 2003" which makes permanent the Federal pre-emption of State consumer protection laws concerning credit reports; and establishes new tools to combat identity theft and to improve consumer access to, and the accuracy of, credit information.