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THE WHITE HOUSE

Office of the Press Secretary


For Immediate Release
June 14, 2000

STATEMENT BY THE PRESIDENT

I am pleased that the House today adopted the Electronic Signatures conference report by an overwhelming vote. I expect similar support in the Senate for this bipartisan agreement and look forward to signing this key legislation into law.

This historic legislation will ensure that our consumer protections apply when Americans do business on-line. It will encourage the information technology revolution that has helped lower inflation, raise productivity, and spur new research and development. By marrying one of our oldest values -- our commitment to consumer protection -- with the newest technologies, we can achieve the full measure of the benefits that e-commerce has to offer. My congratulations to the Democratic and Republican leaders of the conference committee who worked together to forge this landmark legislation.

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