House Subcommittee Votes to Defund FTC’s “Vehicle Shopping Rule”

In late June, a House appropriations subcommittee included language in a broad spending bill that would stop the Federal Trade Commission (FTC) from finalizing, implementing, or enforcing the Motor Vehicle Dealers Trade Regulation Rule (“Vehicle Shopping Rule”). This language is an essential first step for Congress to use its oversight authority and “power of the purse” to protect consumers and dealers from a flawed proposed rule that would needlessly impose unnecessary burdens and costs.

The NADA-backed provision was included in the House Financial Services and General Government (FSGG) Appropriations bill, and the next step is full House Appropriations Committee consideration. Preserving this appropriations language through the House and Senate appropriations process will be a top NADA legislative priority.

NADA, AIADA and NAMAD sent a letter of support to the FSGG Subcommittee highlighting the flaws of the proposed “Vehicle Shopping Rule” and cited the recent Center for Automotive Research study, which states that the FTC’s rule would cost consumers $38 billion.

NADA Legislative staff thanks the dealers and ATAEs who helped gain the critical support of appropriations subcommittee members. We anticipate the FTC appropriations bill will be a key issue during the upcoming Washington Conference, scheduled for September 12-13.

Can You Record Customers?

Questions about the legal implications of recording customers and employees raise complicated, but increasingly relevant issues that are driven largely by state law and practical considerations rather than by federal law.

Read the full NADA article here.