Search Results for keywords:"consumer rights"

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Search Results: keywords:"consumer rights"

  • Type:Presidential Document
    Citation:90 FR 11657
    Reading Time:about a minute or two

    The proclamation recognizes March 2 through March 8, 2025, as National Consumer Protection Week in the United States. During this week, the government emphasizes the importance of consumer rights, privacy, and transparency, and commits to protecting Americans from fraud and cyber security issues. The President also expresses support for broader transparency in prescription drug advertising and highlights the need for consumers to have honest and accurate information for making decisions. Citizens are encouraged to use resources provided by the Federal Trade Commission to stay informed and safeguard their financial and personal well-being.

    Simple Explanation

    The President of the United States has announced that March 2-8, 2025, is National Consumer Protection Week when everyone is reminded about the importance of keeping people's money and information safe from bad guys. During this week, the government helps people learn how to protect themselves from tricks and problems, like fake ads or sneaky computer stuff.

  • Type:Notice
    Citation:89 FR 95785
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) is requesting public comments on their efforts to collect information, as part of their ongoing mission to reduce paperwork, in line with the Paperwork Reduction Act of 1995. Feedback is specifically sought on whether the information collection is vital for the FCC's functions, its accuracy, and its impact on small businesses. The FCC highlights the obligations under certain sections of the Communications Act, detailing requirements for toll-free numbers and pay-per-call services, to protect consumer rights and ensure clear billing information. Public comments should be sent by February 3, 2025.

    Simple Explanation

    The FCC wants to hear what people think about their plan to collect information and make sure they’re not making things too hard or confusing. They want ideas on how they can do this in a way that's less work, especially for smaller businesses.

  • Type:Proposed Rule
    Citation:90 FR 3723
    Reading Time:about 31 minutes

    The Consumer Financial Protection Bureau (CFPB) is proposing a new interpretive rule to help companies and investors understand existing rules around electronic fund transfers (EFTs) as people use new ways to transfer money for personal purposes. This rule stems from growing interest in products like stablecoins and virtual currencies, which are gaining use in non-traditional payment systems. The goal is to ensure consumer rights and liabilities under the Electronic Fund Transfer Act (EFTA) are clear and consistently applied, preventing confusion and competitive disadvantages among service providers. They seek public feedback on this proposal by March 31, 2025.

    Simple Explanation

    The Consumer Financial Protection Bureau wants to make sure that everyone understands how new ways to send money, like fancy internet coins, should follow the rules that keep people's money safe. They are asking people what they think about these ideas before they make any new rules.

  • Type:Rule
    Citation:86 FR 5766
    Reading Time:about 9 hours

    The Bureau of Consumer Financial Protection issued a final rule revising Regulation F, which enforces the Fair Debt Collection Practices Act (FDCPA). This rule requires debt collectors to provide clear information to consumers at the start of collection efforts and prohibits legal action on outdated debts. It also establishes guidelines for reporting debts to consumer agencies only after contacting the consumer. The rule aims to protect consumer rights and prevent abusive debt collection practices.

    Simple Explanation

    The new rules make sure people who collect debts have to explain things clearly and can't sue someone for old debts. They also have to let people know before telling others about their debts.