For Release: July 9, 2003 FTC Supports Legislation to Amend the Fair Credit Reporting Act The Federal Trade Commission recommends changes to the Fair Credit Reporting Act (FCRA) to enhance consumer protection and combat identity theft. In presenting its views before the House Committee on Financial Services today, Timothy J. Muris, Chairman of the FTC, said that the Commission recommends modifying the FCRA to protect consumers better, while maintaining the existing national framework for credit reporting. “We believe these proposals would ensure the continuing viability of the FCRA’s uniform national framework that has been a cornerstone of our consumer credit-driven...