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Increased FTC Transparency: Reports on Unfair Practices

This act enhances the transparency of the Federal Trade Commission's (FTC) consumer protection efforts. It will provide citizens with better insight into how the FTC handles fraud and unfair practices, potentially building trust in government actions and improving understanding of why some cases are closed without official action.
Key points
The FTC will annually report to Congress on the number of investigations into unfair practices that have been started and closed.
Reports will include explanations for investigations closed without official action, while protecting the privacy of individuals and companies.
This information will be publicly available on the FTC's website, increasing data accessibility for citizens.
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Additional Information
CLEAR Act
Print number: HR 2690
Sponsor: Rep. Guthrie, Brett [R-KY-2]
Process start date: 2021-04-20