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.

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