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Fed's Minehan-new laws help against identity theft [BOSTON, MA]

BOSTON, Feb 24 (Reuters) - Boston Federal Reserve President Cathy Minehan said on Tuesday recent changes in legislation will help clamp down on identity theft, which has surged in recent years.

In comments that did not touch on the economy, Minehan said recent legislation adds another layer of protection for consumers.

"Here at the Fed, we are very concerned about consumer protection because it is important for the validity of our economy," Minehan told a Consumer Protection Week conference.

[FULL STORY]

Category: Identity Theft News
Posted on February 26, 2004 at 02:03 PM | Permalink

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