The Consumer Federation of America Opposes Legislation to Undermine Crucial Consumer Protection Regulations: S. 299, S. 1606, and S.1938
The Consumer Federation of America (CFA) writes to express strong opposition to three bills that will undermine important consumer protections. S. 299, the Regulations from the Executive in Need of Scrutiny Act (the REINS Act), S. 1606, the Regulatory Accountability Act (RAA), and S. 1938, the Regulatory Flexibility Improvements Act would undercut the ability of federal agencies to protect consumers from unsafe food, predatory financial products and schemes, and dangerous consumer products. The federal rulemaking process is already lengthy and difficult. These bills will make it even more time-consuming, expensive, and burdensome for federal agencies to propose consumer protection measures. The end result will be harm to American consumers.
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