In September, the U.S. House Committee on Energy and Commerce (E&C Committee) voted in favor of a legislative recommendation that would create a new Federal Trade Commission privacy bureau as part of the proposed $3.5 trillion federal budget reconciliation package. The markup of the proposed budget would appropriate $1 billion to the FTC over 10 years to create and operate a bureau to accomplish the Commission’s work related to unfair or deceptive acts or practices relating to privacy, data security, identity theft, data abuses, and similar matters.

 

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Post By Ken Shafton (2,325 Posts)