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US House Democrats request probe into Target card breach

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Democratic members of the Financial Services Committee of the U.S. House of Representatives have called on the panel to investigate the hacking of credit and debit card data belonging to millions of customers of retailer Target Corp. The request piggybacks on a similar move by Senate Democrats on Friday as lawmakers respond to the massive breach at Target, the No. 3 U.S. retailer, during the holiday shopping season, which resulted in the theft of about 40 million credit and debit card records and 70 million other records containing customer information. In a letter to Jeb Hensarling, the committee's Republican chairman, 17 committee Democrats, led by ranking member Maxine Waters, asked for a "full Financial Services Committee hearing." It was unclear whether the committee's Republican majority would respond to the request. The letter said a hearing should review current consumer protection laws and determine what could be done to ensure the future security of consumers' card

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