Table of Contents

Coalition supports the Stop Corporate Capture Act
The Coalition for Sensible Safeguards wrote to House leadership to express strong support for the Stop Corporate Capture Act (HR 1507), which would codify Chevron deference into law and protect regulatory agencies’ ability to protect the public.

Support for legislation to lower prescription prices for U.S. consumers
Consumer Action expressed support for legislation that would amend the Federal Food, Drug, and Cosmetic Act to allow American wholesalers, pharmacies and individuals to import affordable and safe drugs from Canada, the United Kingdom, the European Union, and Switzerland as a way to make prescriptions more affordable.

Organizations comment on proposals to reform the bank merger process
Consumer Action added its name to comments to the OCC and FDIC regarding regulatory proposals to reform the bank merger process, which the organizations contend are strongly biased in favor of merger approval, with little consideration for how communities are impacted.

Organizations welcome FAA reauthorization agreement, but advocate for improvements
Consumer Action lent its voice to a public statement supporting the bill to reauthorize the Federal Aviation Administration (FAA), while also urging senators to support additional amendments that would provide crucial airline passenger rights and protections.

Strong support for FTC’s CARS—Combating Auto Retail Scams—Rule
More than a hundred groups signed on to a letter to Congress members asking them to support implementation of the Federal Trade Commission’s CARS Rule, which would combat unfair and deceptive auto dealer practices.

52 advocacy groups endorse FTC’s ban on junk fees
Consumer Action was part of a broad coalition of advocacy organizations that voiced support for the FTC’s proposed rulemaking on junk fees, which would ban hidden and misleading fees across the economy.

Groups tell FTC that Americans want the right to repair their stuff
Consumer Action was one of the organizations to sign a letter to the FTC urging the agency to take steps to remove manufacturer restrictions that make it harder and more expensive for consumers to repair their phones, laptops and tablets.

DOL’s proposed rule would expand fiduciary requirement for those providing investment advice
Dozens of organizations signed on to a letter to the Department of Labor expressing support for the agency’s proposed rule that would provide comprehensive protections for consumers who turn to professional advisors for retirement investment advice.

Consumer Action supports bill to ban hedge fund ownership of residential housing
Consumer Action is a supporter of the End Hedge Fund Control of American Homes Act of 2023, which would address an urgent issue that has made it more difficult for middle-class Americans to become homeowners and is contribution to America’s twin crises of housing unaffordability and wealth inequality.

CFPB should disregard request to delay planned Fair Credit Reporting Act rulemaking
Sixty groups wrote to CFPB Director Chopra urging him to disregard a request by industry trade organizations to delay the agency’s planned Fair Credit Reporting Act (FCRA) rulemaking by issuing an Advanced Notice of Proposed Rulemaking—a unnecessary delay that would allow industry abuses to continue in the interim.