04/22/2021 | Press release | Distributed by Public on 04/22/2021 13:24
WASHINGTON, D.C.-U.S. Senator Maria Cantwell (D-WA), the Chair of the Senate Committee on Commerce, Science, and Transportation, released the below statement regarding the Supreme Court's 9-0 ruling that Section '13 (b)' of the Federal Trade Commission Act does not grant the FTC the authority to obtain monetary relief such as restitution or disgorgement:
'Protecting consumers and compensating them for harm is a paramount duty of the FTC,' Chair Cantwell said. 'We are working to move legislation immediately to make sure this authority is properly protected.'