WASHINGTON, Aug. 10 -- Sen. Ron Johnson, R-Wisconsin, ranking member of the Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations, released the following opening statement from a July 23, 2024, hearing entitled "Instant Payments, Instant Losses: Zelle and the Big Banks Fail to Protect Consumers From Fraud": * * * For over a year, the Permanent Subcommittee on Investigations ("PSI" or "the Subcommittee") has been examining cases of fraud and scams involving   more