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Wire · regulatory

CONSUMER PROTECTION NEWS: Schakowsky reintroduces bill to restore FTC's ability to ...

4 August 2026 · By · Wire by Fusion42

Published

4 August 2026

Topic

regulatory

◆ Sectors

Regtech

◆ Geography

United States

◆ Source

Read at vitallaw.com →

◆ Verified

Fusion42 · 5 August 2026 · Fusion42 review

Rep. Jan Schakowsky has reintroduced the Consumer Protection and Recovery Act to restore the FTC's authority to seek monetary relief and restitution for consumers directly in federal courts, reversing limitations imposed by a 2021 Supreme Court decision.

This Wire brief sits within Fusion42's coverage of Regtech.

◆ ◆ The Wire takeaway

You face a reopened path to reclaim consumer funds directly through courts, shifting enforcement tactics in Regtech. Act now to align compliance and enforcement strategies with renewed FTC powers before Senate decisions finalize.

◆ Coverage

1 source · 4 Aug 2026

◆ Related on Wire

◆ Topics

Regtechconsumer-protectionftc-authoritymonetary-relieflegislationrestitution