AFR joined a letter to the House of Representatives in support of the Consumer Protection and Recovery Act. The bill would restore the Federal Trade Commission’s authority to provide refunds and equitable relief to victims of consumer fraud and deception, and to stop ongoing misconduct in the marketplace.
AFR joined a letter calling on Congress to update the FTC’s enforcement tools under the FTC Act, Section 13(b).
AFR released policy recommendations to strengthen consumer financial protections and work towards reversing the damage caused by systemic racism, and products and systems that amplify inequality.
February 27, 2019 Americans for Financial Reform Education Fund commented on a Proposed Consent Agreement by the Federal Trade Commission (FTC) that will permit the merger of Staples and Essendant. In the letter, AFR Education Fund urged the FTC to follow the logic of its
For its Head of Consumer Protection, the FTC chose a lawyer, Andrew Smith, who worked for both payday lenders and Equifax. The FTC needs a someone with a record of consumer protection, not yet another industry lawyer