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Article: Remarks on signing the Identity Theft Penalty Enhancement Act.(Week Ending Friday, July 16, 2004)(Transcript)
- Article from:
- Weekly Compilation of Presidential Documents
- Article date:
- July 19, 2004
CopyrightCOPYRIGHT 2004 U.S. Government Printing Office. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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July 15, 2004
The President. Thanks for coming. Welcome to the White House.
[At this point, the lights in the room flickered.]
The President. Thanks for coming. [Laughter] Welcome to the White House. [Laughter]
We're taking an important step today to combat the problem of identity theft, one of the fastest growing financial crimes in our Nation. Last year alone, nearly 10 million Americans had their identities stolen by criminals who robbed them and the Nation's businesses of nearly $50 billion through fraudulent transactions. The bill I'm about to sign sends a clear message that a person who violates another's financial privacy will ...
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