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On September 26, the Senate Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security convened a hearing titled "FTC Stakeholder Perspectives: Reform Proposals to Improve Fairness, Innovation, and Consumer Welfare." In his opening statement, Senator Blumenthal stated that he would push for a measure that would provide the Federal Trade Commission ("FTC") with "the ability to prescribe rules requiring reasonable security practices."
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