Rep. Bill Foster on wire transfer scams | ‘Identity fraud is just running rampant’

FILE – In this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass. The biggest months for adding and dropping credit cards…

FILE – In this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass. The biggest months for adding and dropping credit cards are November, December and January, so now’s the time to make sure the annual fee is really worth it. (AP Photo/Elise Amendola, File)

by: Ashley Bihun

Posted: Mar 15, 2023 / 05:26 PM CDT

Updated: Mar 15, 2023 / 05:26 PM CDT

11th District Rep. Bill Foster (D-IL) joins Lisa Dent to discuss the latest Bill the House Financial Services Committee, which includes Rep. Foster, is trying to pass pertaining person-to-person (P2P) services and preventing wire transfer fraud.