Here are the relevant bills:
H.R.4173: Wall Street Reform and Consumer Protection Act of 2009 - U.S. Congress - OpenCongress
S.3217: Restoring American Financial Stability Act of 2010 - U.S. Congress - OpenCongress
The House Bill 4173 contains the expansion of FTC powers. The Senate bill does not currently have the expansion of the power.
The relevant section in HR 4173 is Section 4901:
1. Allows the FTC chairmen tro create new rules and regulations without any other oversight.
2. Aiding and abetting regulations allow the FTC to charge all parties involved with a violations, including publishers, agencies and service providers involved with a regulation violation.
3. Prior to the restrictions placed on the FTC, the FTC pursued a policy of investigating and regulating a wide variety of industries including gasoline additives, eyeglasses, and paperback-book distribution. This list would probably be expanded to virtually all COMPANIES THAT MAKE ANY SORT OF HEALTH RELATED CLAIMS, FORCING THEM TO PROVIDE CLINICAL TRIAL DATA FOR ANY SORT OF CLAIMS, including obvious ones like a diet high in fiber can lower cholesterol.
5. Possibly most importantly: Finally, Woolley’s testimony gave voice to the DMA’s opposition to proposals that would grant the FTC independent litigating authority to seek civil penalties. According to Woolley, such proposals would remove the current requirement that the FTC provide the Department of Justice with 45 days to determine whether it will take a case on behalf of the FTC.
You can read more here: DMA’s Woolley Asks Senate to Limit FTC Power Expansion
If someone can find the recent example of FDA regulating a food companie's advertising copy because it's claims fell (not really) into the category of the effects of a drug, that would be great. I couldnt find it:
FDA Policy of fining companies for "therapeutic" language:
FDA Running Extortion Racket: Natural Supplement Companies Threatened with Arrest if They Don't Pay Up
Here are some petitions that I suggest you guys send to your representatives:
https://secure3.convio.net/aahf/site/Advocacy?cmd=display&page=UserAction&id=543
There srsly needs to be a video undercover investigation of atleast the FDA. Good job mainstream media on having 0 investigations of government organizations. Fucking hacks
H.R.4173: Wall Street Reform and Consumer Protection Act of 2009 - U.S. Congress - OpenCongress
S.3217: Restoring American Financial Stability Act of 2010 - U.S. Congress - OpenCongress
The House Bill 4173 contains the expansion of FTC powers. The Senate bill does not currently have the expansion of the power.
The relevant section in HR 4173 is Section 4901:
Here is a summary of the FTC relevant points in HB4173:
1. Allows the FTC chairmen tro create new rules and regulations without any other oversight.
2. Aiding and abetting regulations allow the FTC to charge all parties involved with a violations, including publishers, agencies and service providers involved with a regulation violation.
3. Prior to the restrictions placed on the FTC, the FTC pursued a policy of investigating and regulating a wide variety of industries including gasoline additives, eyeglasses, and paperback-book distribution. This list would probably be expanded to virtually all COMPANIES THAT MAKE ANY SORT OF HEALTH RELATED CLAIMS, FORCING THEM TO PROVIDE CLINICAL TRIAL DATA FOR ANY SORT OF CLAIMS, including obvious ones like a diet high in fiber can lower cholesterol.
5. Possibly most importantly: Finally, Woolley’s testimony gave voice to the DMA’s opposition to proposals that would grant the FTC independent litigating authority to seek civil penalties. According to Woolley, such proposals would remove the current requirement that the FTC provide the Department of Justice with 45 days to determine whether it will take a case on behalf of the FTC.
You can read more here: DMA’s Woolley Asks Senate to Limit FTC Power Expansion
If someone can find the recent example of FDA regulating a food companie's advertising copy because it's claims fell (not really) into the category of the effects of a drug, that would be great. I couldnt find it:
FDA Policy of fining companies for "therapeutic" language:
FDA Running Extortion Racket: Natural Supplement Companies Threatened with Arrest if They Don't Pay Up
Here are some petitions that I suggest you guys send to your representatives:
https://secure3.convio.net/aahf/site/Advocacy?cmd=display&page=UserAction&id=543
There srsly needs to be a video undercover investigation of atleast the FDA. Good job mainstream media on having 0 investigations of government organizations. Fucking hacks