WASHINGTON, D.C. — TechNet, the national, bipartisan network of CEOs and senior executives, issued a statement, attributable to President and CEO Linda Moore, following today’s hearing in the House Committee on Energy and Commerce’s Subcommittee on Consumer Protection and Commerce on the American Data Privacy and Protection Act (ADPPA):

“Congress clearly understands that protecting data and privacy is a priority for consumers across the country and businesses across every sector of our economy. It is our hope that Congress continues efforts to end our nation’s privacy patchwork and passes a federal privacy standard that assuages consumer fears, eases compliance burdens for American small businesses, and catalyzes further economic growth.

“TechNet will continue to serve as a resource for members of Congress looking to ensure the American Data Privacy and Protection Act is the best possible solution for the problems created by our growing state-by-state patchwork of data privacy laws. If Congress fails to further rework and pass ADPPA, it could cost our economy $1 trillion over the next decade; a significant cost that would disproportionately disrupt the operations of American small businesses and, more broadly, handicap our economic growth, innovation, and competitiveness on the global stage.”

TechNet has been a national leader in calling for federal privacy legislation. TechNet’s initiative, United for Privacy, has brought together partners across all sectors of the economy to advocate for legislation that protects consumers and American businesses by ending the patchwork of state privacy laws.