The Consumer Financial Protection Bureau (CFPB) last week launched an initiative to save households billions of dollars a year by reducing exploitative junk fees charged by banks and financial companies. The federal agency, created in the wake of the 2008 financial crisis, is seeking consumers’ input on so-called junk fees …
Read More »Lina Khan Named Chair Of FTC By President Biden
The Senate confirmed Columbia Law professor Lina Khan to the Federal Trade Commission (FTC) in a 69 to 28 vote on Tuesday before she was named chair of the body by President Joe Biden. Khan has been a fierce critic of Amazon and other tech giants dominating multiple markets. She will …
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