FTC Asks Congress to Restore Consumer Redress Authority

Congress should amend the FTC Act and restore the agency’s consumer redress authority, which a unanimous U.S. Supreme Court eliminated in 2021 (see 2104220068), the agency said Friday. Legislative efforts to restore the authority failed in 2022 (see 2205110069). The Supreme Court’s decision in AMG Capital Management v. FTC “significantly hampered” the agency’s ability to get “harmed consumers their money back and prevent wrongdoers from profiting from their violations of the FTC Act,” the FTC said.