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Rep. Rob Menendez Co-Sponsors Bill to Establish Strategic Task Force on Scam Prevention

Rep. Rob Menendez Co-Sponsors Bill to Establish Strategic Task Force on Scam Prevention

Rep. Rob Menendez (D-N.J.) has co-sponsored the Strategic Task Force on Scam Prevention Act (H.R. 5967) alongside Rep. Erin Houchin (R-Ind.). This bipartisan legislation has successfully passed out of the House Energy & Commerce Subcommittee on Commerce, Manufacturing, and Trade, advancing it for consideration by the full House chamber. The primary objective of this bill is to mandate the Federal Trade Commission (FTC) to collaborate with the Department of Justice (DOJ) in forming a cross-agency task force. This task force will be specifically charged with combating a wide array of digitally enabled scams, which have become an increasing concern for consumers and businesses alike.
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Alliance for American Manufacturing Urges FTC to Investigate AI Shopping Tools for Allegedly Suppressing U.S.-Made Products

Alliance for American Manufacturing Urges FTC to Investigate AI Shopping Tools for Allegedly Suppressing U.S.-Made Products

Alliance for American Manufacturing Urges FTC to Investigate AI Shopping Tools for Allegedly Suppressing U.S.-Made Products
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U.S. Influencer Disclosure Rules Face Enforcement Challenges Amidst Lack of Legal Definition

U.S. Influencer Disclosure Rules Face Enforcement Challenges Amidst Lack of Legal Definition

U.S. Influencer Disclosure Rules Face Enforcement Challenges Amidst Lack of Legal Definition
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The Real Reason Security Engineers Disagree About GLBA compliance

The Real Reason Security Engineers Disagree About GLBA compliance

Confused about why security teams argue over GLBA compliance? The debate isn't about the law's goal, but a deep split on how to best achieve it.
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Federal Trade Commission and 22 States Sue Amazon Over Alleged Deceptive Advertising Practices

Federal Trade Commission and 22 States Sue Amazon Over Alleged Deceptive Advertising Practices

Federal Trade Commission and 22 States Sue Amazon Over Alleged Deceptive Advertising Practices
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U.S. Congress Advances Bipartisan Bills to Standardize Packaging Claims, Addressing Industry and Environmental Concerns

U.S. Congress Advances Bipartisan Bills to Standardize Packaging Claims, Addressing Industry and Environmental Concerns

Two bipartisan bills, the Packaging and Claims Knowledge (PACK) Act (HR 6832) and the Recycled Materials Attribution Act (RMAA, HR 7502), have advanced through the House Energy and Commerce Committee’s Commerce, Manufacturing and Trade Subcommittee. These bills aim to establish federal standards for packaging claims such as 'recyclable,' 'compostable,' and 'reusable,' and create a national framework for recycled-content claims. The PACK Act, introduced by Rep. Randy Weber, R-Texas, seeks to standardize voluntary claims under the oversight of the Federal Trade Commission (FTC) and Environmental Protection Agency (EPA), requiring third-party certification and establishing federal preemption over conflicting state-level regulations. The RMAA, introduced by Rep. Nick Langworthy, R-NY-23, focuses on federal standards for recycling and recycled-content marketing claims, making misleading claims illegal and allowing innovative non-mechanical recycling technologies to count as 'recycling.' The Consumer Brands Asso...
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What to know about the AP/FRONTLINE investigation into scam victims

What to know about the AP/FRONTLINE investigation into scam victims

Virtually every American has been targeted by scammers in some way, exclusive new polling data shows
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FTC Reverses Disparate Impact Enforcement Policy Under Equal Credit Opportunity Act and FTC Act Section 5

FTC Reverses Disparate Impact Enforcement Policy Under Equal Credit Opportunity Act and FTC Act Section 5

The Federal Trade Commission (FTC) has issued a policy statement abandoning its enforcement of disparate impact under the Equal Credit Opportunity Act (ECOA) and Section 5 of the FTC Act. This reversal is attributed to a reassessment of the FTC's statutory authority and an executive order from President Trump, which directed federal agencies to deprioritize disparate impact liability. This move aligns with similar policy rollbacks observed at the Consumer Financial Protection Bureau (CFPB) and other federal banking regulators. The change in policy means that the FTC will no longer pursue cases based solely on the statistical outcome of a practice disproportionately affecting protected groups, without requiring proof of discriminatory intent. This shift is significant for consumer-facing companies, particularly those in the financial services industry, as it alters the landscape of regulatory compliance and enforcement regarding fair lending practices.
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Federal Agencies Clarify Bank Communication Rules on Suspicious Activities Without Revealing SARs

Federal Agencies Clarify Bank Communication Rules on Suspicious Activities Without Revealing SARs

Federal Agencies Clarify Bank Communication Rules on Suspicious Activities Without Revealing SARs
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Visa Enhances A2A Protect to Combat Account-to-Account Fraud in Real-Time

Visa Enhances A2A Protect to Combat Account-to-Account Fraud in Real-Time

Visa Enhances A2A Protect to Combat Account-to-Account Fraud in Real-Time
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Scams in the US are at a record high. Yet most victims get no help and some end up losing even more

Scams in the US are at a record high. Yet most victims get no help and some end up losing even more

Virtually every American has been targeted by scammers in some way, exclusive new polling data shows
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Visa Enhances A2A Protect to Combat Account-to-Account Fraud with Real-Time Risk Insights

Visa Enhances A2A Protect to Combat Account-to-Account Fraud with Real-Time Risk Insights

Visa Enhances A2A Protect to Combat Account-to-Account Fraud with Real-Time Risk Insights