An FTC Rule on Junk Fees Seemed Like a Sure Thing. There Still Hasn’t Been a Vote
Skift Take
It’s been more than two years since the Federal Trade Commission said it was exploring a rule to crack down on junk fees. But the rule hasn’t gotten over the finish line.
President-elect Trump said Tuesday he would appoint a new FTC chair, Andrew Ferguson, and there will be a Republican majority at the FTC. The FTC won’t comment on when current chair Lina Khan would be leaving or whether a vote could still happen. But even if the rule were approved at the last minute, it wouldn’t take effect for 120 days after being published in the Federal Register – in other words, next summer. Congress could invalidate the rule through the Congressional Review Act.
“There has always been a little bit of controversy regarding the FTC getting involved in the junk fee world and the rulemaking process and whether or not they had the authority to
