House passes bill to revive FTC authority to recover money for consumers
Source: The Hill
The House passed a bill Tuesday largely along party lines that aims to revive the Federal Trade Commission's (FTC) authority to return money to constituents harmed by companies found to engage in deceptive practices.
The Consumer Protection and Recovery Act passed with widespread support from Democrats.
Republicans opposed to the bill argued on the floor before that the legislation was incomplete at the time of the vote.
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The passage of the bill comes after the Supreme Court unanimously ruled earlier this year that the agency did not have authority under a provision known as Section 13(b) to obtain equitable monetary relief.
Read more: https://www.msn.com/en-us/news/politics/house-passes-bill-to-revive-ftc-authority-to-recover-money-for-consumers/ar-AAMn5QB?li=BBnbfcQ&ocid=DELLDHP
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