FTC Seeks $256M In 2009 For Consumer Protection

Law360, New York (February 6, 2008, 12:00 AM EST) -- The U.S. Federal Trade Commission submitted its budget request for the fiscal year 2009 to Congress on Monday, asking for $256.2 million — some $12 million more than its 2008 budget.

High on the commission's list of priorities is addressing the harm suffered by consumers in the wake of the subprime mortgage market's collapse. To that end, it said that it would target deceptive lending and debt-collection practices.

“The agency will focus its activities on mortgage lending, debt collection and credit-related deception,” it said. “The agency...
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