The temporary law powering the CPSC has expired, reducing our supposed watch-dog agency to a neutered shadow that can’t adopt new safety standards, order mandatory recalls, or enforce existing consumer protection laws. The Commission could get back to work with three small tweaks.
The Credit Card Bill Of Rights Act, which was introduced on Thursday in the U.S. House of Representatives, would limit interest rate hikes and late fee penalties that credit card companies use to unfairly squeeze profits from customers.
A Home Depot store has been fined $1500 for refusing to issue rain checks for items that were advertised on sale, but were not available for purchase. Many communities have regulations that state that if an item is advertised as being on sale without mentioning a specific limited quantity, the retailer has a legal obligation to issue a rain check that will allow the customer to purchase the item later for the sale price.