On Wednesday, two of our priority bills in the House Financial Services Committee passed with strong votes. H.R. 2205, the Data Security Act, passed the Committee by a vote of 46-9. This bill would create a single data security standard for all entities that handle sensitive consumer data, as well as create a data breach notification standard. In addition, H.R. 2287, the NCUA Budget Transparency Act, passed by a vote of 40-16. This bill, which is sponsored by Congresswoman Kyrsten Sinema (D-AZ), would mandate that hearings and a comment period in advance of the agency approving a budget. Also noteworthy is that three of our four Congressional members that serve on the committee voted for both bills, these include: Representatives Sinema, David Schweikert (R-AZ) and Scott Tipton (R-CO). Rep. Ed Perlmutter (D-CO) was absent for the vote. Both bills now move to the House floor for votes.