Consumers Union, the advocacy division of Consumer Reports, writes to express its strong opposition to S. 2155, The Economic Growth, Regulatory Relief, and Consumer Protection Act. This bill would undermine important Dodd-Frank banking regulations designed to prevent another financial crisis and would expose home buyers to financial exploitation and predatory lending. In addition, while this bill would eliminate fees for security freezes at the three major credit bureaus, Equifax, Experian, and TransUnion, which Consumers Union has long fought for in the states, the security freeze section would not cover many less well-known credit bureaus, leaving consumers vulnerable to identity theft. Moreover, it could preempt the states from making improvements in their security freeze laws to ensure that consumers have adequate protections against fraud.