Finance Insurance

House spending bill contains block on FTC car dealer rule

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The U.S. House Appropriations Committee and U.S. House Financial Services and General Government Subcomittee, chaired by Steve Womack, R-Ark., shown, both supported a spending bill that would stop the Federal Trade Commission from enacting and enforcing its proposed regulations on dealerships. (U.S. HOUSE APPROPRIATIONS COMMITTEE)
July 19, 2023 04:00 AM

The U.S. House Appropriations Committee on July 13 backed a $70.28 billion government spending bill containing language blocking the Federal Trade Commission from enacting or enforcing its proposed new rules for auto dealerships.

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