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Financial Services Law Insights and Observations

Biden announces National Consumer Protection Week

Federal Issues Biden Consumer Protection Consumer Finance

Federal Issues

On March 4, President Biden proclaimed March 6 - 12, 2022, as National Consumer Protection Week. According to the press release, Biden called on government officials, industry leaders, and advocates in the U.S. to share information on consumer protection and to provide citizens with information about their rights as consumers. He noted that during the week, “we recommit ourselves to those basic rights, to protecting consumers, to raising awareness about bad actors and deceptive practices in the marketplace, and to empowering people to make informed financial decisions so that our economy works for everyone.”