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FTC’s Smith stands up for staff, defuses congressional critics

Andrew Smith had deftly completed his first congressional testimony as director of the Federal Trade Commission’s Bureau of Consumer Protection, deflecting criticism of the agency’s enforcement against payment fraud, when an unusual scene unfolded.

An animated Smith had what appeared to be an angry exchange with one of the other witnesses — Jason Oxman, CEO of the Electronic Transactions Association — as a number of FTC senior staffers looked on.

Smith’s ire was prompted by tweets and a YouTube video that referred to ETA and targeted...

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