Last week, I testified on the threat to both consumer privacy and welfare from the growing data collection, profiling, and targeting interactive online marketing system. I told Congress it was critical to enact legislation that would protect consumers, especially as they use online and mobile networks for financial and health-related transactions (credit card applications, banking, health inquiries, etc.). As you can see from the testimony, I said we should be able to have an online privacy policy that ensures the public is protected, while also promoting the growth of the commercial online medium.
The link to the testimony via a press release is here.