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Senate Commerce to vote to restore FTC power to compensate victims of corporate wrongdoers
Postcard of FTC Building

Consumer alerts

Senate Commerce to vote to restore FTC power to compensate victims of corporate wrongdoers

Last year, the Supreme Court eliminated the FTC's key authority to disgorge ill-gotten gains from corporate wrongdoers and use the money to compensate their victims. It was an unfortunate decision that benefited a convicted payday lender who fleeced thousands of victims and will allow brand name Big Pharma firms that block lower-cost generic competitors and other wrongdoers to escape billions of dollars in restitution. The Senate Commerce Committee is voting tomorrow on a bill to restore FTC powers. -- Cover graphic of FTC Building via Flickr, by Boston Public Library, Some rights reserved.

Crypto has gone mainstream. But where are the watchdogs?
Cryptocurrency overlaid on $50 bill

Consumer alerts

Crypto has gone mainstream. But where are the watchdogs?

Matt Damon strides past images of humankind’s boldest explorers: ocean voyagers, early aeronauts, mountaineers in a new cryptocurrency ad. If this were an ad for a new drug, or a regulated financial product, you’d expect the images of boldness and bravery to be accompanied by a lengthy disclaimer. You don't. Find out more. Image credit Kanchanara via Unsplash

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