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FTC rule on unfair or deceptive fees to take effect on May 12

ftc.gov

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Re: FTC rule on unfair or deceptive fees to take effect on May 12

#32

Post by [deleted] »

ChrisMarshallNY wrote: post #29
kelnos wrote: post #24

Earlier quoted context omitted.

"Short-term rental" is usually something you'd find on Airbnb or VRBO, not a hotel like a Marriott or Hyatt property, which are classified as "hotels".

They mention "hotels," in the report, but don't get specific as to services offered.

[deleted]

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#34

Post by tmpz22 »

timewizard wrote: post #11
9283409232 wrote: post #8

Okay so I'm not crazy because I swore this was a Biden era policy.

The FTC is an independent regulatory agency. The president has almost no powers and little oversight when it comes to these agencies. More appropriately this is a Lina Khan era policy. She had a rocky start but her focus and conviction was unparalleled by any previous iteration of the agency. So much so that she enjoyed more bipartisan congressional support and approval than most staffers in recent memory.

The sovereignty of independent agencies is HEAVILY in question at the moment. Consider arguably the MOST independent agency (the FED) and how recent threats, while perhaps not DIRECTLY influencing policy potentially introduced bias or coercion to future FED actions.

Sometimes the threat or suggestion of something, like DOGE firing an employee who doesn't grant them immediate root access, is enough to subvert the entire system.

Time will tell if independent agencies are as independent as some choose to believe.

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#38

Post by bayarearefugee »

timewizard wrote: post #11
9283409232 wrote: post #8

Okay so I'm not crazy because I swore this was a Biden era policy.

The FTC is an independent regulatory agency. The president has almost no powers and little oversight when it comes to these agencies. More appropriately this is a Lina Khan era policy. She had a rocky start but her focus and conviction was unparalleled by any previous iteration of the agency. So much so that she enjoyed more bipartisan congressional support and approval than most staffers in recent memory.

lol.

Lina Khan was appointed to the FTC by Joe Biden as part of a broader decision to allow Elizabeth Warren expanded oversight of economic regulation as a way to coalition build with the somewhat more progressive (but still pretty establishment) parts of the Democratic party.

Lina Khan was Biden's pick because she was Warren's pick.

To be clear about my own biases, I think Lina Khan was a fantastic pick and did an amazing job and would have done even greater things if left in place, but to act like she was a bipartisan choice (beyond, say, JD Vance throwing out some rhetoric on the campaign trail) is revisionist history.

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