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Enhanced FTC Powers: Consumer Protection and Financial Recovery

This new law strengthens the Federal Trade Commission (FTC), granting it greater authority to recover funds for consumers harmed by unfair practices. The FTC can now more effectively demand restitution, contract rescission, or property return, enhancing citizens' financial protection.
Key points
The FTC can now seek restitution, contract rescission, or property return from companies that violated the law.
The Commission can also demand the disgorgement of unjust enrichment obtained by dishonest entities.
New provisions allow claims for violations that occurred up to 10 years prior.
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52%
VOTING RESULTS
2021-07-20
For 221
Against 205
Abstain 0
Full voting results open_in_new
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Status:
Expired
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Additional Information
Consumer Protection and Recovery Act
Print number: HR 2668
Sponsor: Rep. Cárdenas, Tony [D-CA-29]
Process start date: 2021-04-20
Voting date: 2021-07-20
Meeting no: 1
Voting no: 214