CFA Urges the U.S. House to Strongly Oppose H.R. 367, the REINS Act
Consumer Federation of America strongly opposes a bill the House will soon vote on that will undermine important consumer protections. The Regulations from the Executive in Need of Scrutiny Act (the REINS Act), H.R. 367, would undercut the ability of federal agencies to protect consumers from unsafe food, predatory financial products and schemes, and dangerous consumer products. The federal rulemaking process is already lengthy and difficult. This bill would make it even more time-consuming, expensive, and burdensome for federal agencies to propose consumer protection measures. The end result will be harm to American consumers.
