Table of Contents

Strong support for FTC’s CARS—Combating Auto Retail Scams—Rule
More than a hundred groups signed on to a letter to Congress members asking them to support implementation of the Federal Trade Commission’s CARS Rule, which would combat unfair and deceptive auto dealer practices.

Support for the Codifying SAVE Plan Act, benefiting student loan borrowers
Consumer Action endorsed Senator Jeff Merkley (D-OR) and congressional allies’ Codifying SAVE Plan Act, proposed legislation that would codify President Biden’s new income-driven repayment program into law.

Advocates push for national registry to halt data broker abuse
Consumer Action was one of the initial supporters of an effort to prevail upon the FTC to create a national registry to halt data broker abuse.

CFPB rule would curb abusive overdraft fees
Nearly 150 groups signed on to a letter expressing strong support for the Consumer Financial Protection Bureau’s proposed rule governing overdraft fees charged by the largest financial institutions.

Legislation would curb abusive “trigger leads”—unwanted home financing offers to mortgage borrowers
Diverse groups signed on to letter supporting the Homebuyers Privacy Protection Act of 2024, which would curb the abusive use of mortgage credit “trigger leads”—the sale of consumer data that results in a bombardment of calls seeking to lure them from their chosen lenders.

52 advocacy groups endorse FTC’s ban on junk fees
Consumer Action was part of a broad coalition of advocacy organizations that voiced support for the FTC’s proposed rulemaking on junk fees, which would ban hidden and misleading fees across the economy.

FHFA should require new homes financed with Fannie/Freddie-backed mortgages to meet energy code requirements
More than 75 organizations urged the FHFA to require that all new homes purchased with mortgages backed by Fannie Mae and Freddie Mac meet updated energy code requirements.

Groups tell FTC that Americans want the right to repair their stuff
Consumer Action was one of the organizations to sign a letter to the FTC urging the agency to take steps to remove manufacturer restrictions that make it harder and more expensive for consumers to repair their phones, laptops and tablets.

Call for SEC to ban mandatory arbitration agreements
Consumer Action joined allies in a letter to the SEC chairman asking the agency to issue a rulemaking banning the use of mandatory pre-dispute arbitration agreements in investment adviser and broker-dealer contracts.

Endorsement for INSURE Act, to address crisis in home insurance market
Advocates expressed support for the Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act, which would create a federal catastrophic reinsurance program to insulate consumers from unrestrained homeowners insurance cost increases.