WASHINGTON, July 21 -- Sen. Pete Ricketts issued the following press release:
Last week, U.S. Senator Pete Ricketts (R-NE) discussed his work to combat crypto ATM fraud in Nebraska. Ricketts highlighted successes at the State of Nebraska Department of Banking and discouraged overreliance on the Consumer Financial Protection Bureau (CFPB).
"As Governor of Nebraska, I had a Department of Banking, and if any of our consumers in Nebraska came and approached us with a problem, no matter how big the bank was, we would investigate to make sure that that consumer got the resolution they needed from whatever problem they had," Ricketts said. "Take the example of crypto kiosk ATM scams. The state of Nebraska and twenty-eight other states have passe...