• 0 Posts
  • 5 Comments
Joined 3 months ago
cake
Cake day: March 29th, 2026

help-circle
  • the article mentions this y’all

    A national click-to-cancel rule introduced by the Biden administration was struck down by a federal judge in 2025, days before it was set to go into effect, over a procedural rule. Donald Trump’s FTC plans to pass a similar rule in coming months.

    https://www.consumerfinancemonitor.com/2025/07/23/eighth-circuit-voids-ftc-click-to-cancel-rule/ :

    Under federal law, the FTC must issue a preliminary regulatory analysis when a proposed rule would have an annual effect on the national economy surpassing $100 million. The FTC said that the rule would not have an annual $100 million impact on the economy. However, an Administrative Law Judge found that the proposed rule would have an annual effect surpassing the $100 million threshold. The FTC was not excused from having to prepare the analysis if its initial economic analysis was deemed inaccurate, the judges wrote. They said that after the Administrative Law Judge’s decision, the FTC could have reissued its Notice of Proposed Rulemaking with the required preliminary analysis.