Sen. Cynthia Lumis (R-Wyo.) and five other U.S. Senators—including Sens. John Thune (R-S.D.), Todd Young (R-Ind.), Shelley Moore Capito (R-W.Va.), Mike Lee (R-UT) and Dan Sullivan (R-Alaska)—on Monday sent a letter to Federal Trade Commission (FTC) Chair Lina Khan seeking answers to eleven in-depth questions, regarding its proposed auto retail rule.
From the letter:
“If implemented, this proposal would confuse customers, lengthen the transaction time to purchase a vehicle, limit consumer choice, increase paperwork, and mandate burdensome new recordkeeping requirements on small businesses.”
Among the questions it asks:
- Why the FTC did not pursue a more traditional approach to rulemaking in its process.
- Whether the FTC consulted with other agencies when crafting the proposal.
- What the FTC was trying to accomplish, given all the allegations are already against the law.
- Why the FTC did not issue a quantitative study on the issue before proposing the rule.
The letter in its entirety can be viewed here.
For more stories like this, bookmark www.NADAheadlines.org as a favorite in the browser of your choice and subscribe to our newsletter here: