Cantwell, Grassley Want New Enforcement Authority for FTC to Fight Unfair Drug Pricing Practices and Provide More Transparency

U.S. Senators Maria Cantwell (D-Wash.), Chair of the Committee on Commerce, Science, and Transportation, and Senator Chuck Grassley (R-Iowa), Ranking Member of the Judiciary Committee, introduced legislation today that would empower the Federal Trade Commission (FTC) to increase drug pricing transparency and hold Pharmacy Benefit Managers (PBMs) accountable for unfair and deceptive practices that drive up the costs of prescription drugs at the expense of consumers.

Spiking West Coast Gas Prices Spur Cantwell, Feinstein, Wyden to Introduce Bill Targeting Fuel Market Anomalies Hurting Consumers

With Americans facing record level gas and diesel price increases, U.S. Senator Maria Cantwell (D-WA), Chair of the Committee on Commerce, Science, and Transportation, introduced legislation that would significantly increase transportation fuel market transparency and directs the Federal Trade Commission (FTC) to proactively monitor and prevent any fraud or manipulation that may be artificially inflating pump prices.

Cantwell-Led Bill Would Restore FTC Authority to Return Billions to Consumers Ripped off by Scams, Fraud, Deception

U.S. Senator Maria Cantwell, (D-Wash.), Chair of the Committee on Commerce, Science, and Transportation, and Senators Ben Ray Luján (D-N.M.), Chair of the Subcommittee on Communications, Media, and Broadband, Amy Klobuchar (D-Minn.) and Rev. Raphael Warnock (D-Ga.) introduced legislation to restore the Federal Trade Commission’s (FTC) decades-long authority to return money to consumers victimized by illegal scams, fraud and other unfair or deceptive practices.

Commerce Committee Report Underscores Need for Congress to Restore FTC Authority to Return Billions to Consumers Ripped off by Scams, Fraud, Deception

U.S. Senator Maria Cantwell, (D-Wash.), Chair of the Committee on Commerce, Science, and Transportation, released a new Committee report which validates the urgency for Congress to restore the Federal Trade Commission’s (FTC) decades-long authority to return money to consumers victimized by illegal scams, fraud and other unfair or deceptive practices.

Cantwell: “This hearing is about this mysterious middle of the supply chain”

U.S. Senator Maria Cantwell (D-Wash.), Chair of the Senate Committee on Commerce, Science, and Transportation, delivered the following opening statement at today’s hearing on examining steps Congress can take to protect consumers from excessive gas prices, including increasing transparency and ensuring the Federal Trade Commission has the tools and authority necessary to monitor wholesale markets and investigate suspicious trading practices.