While media attention is focused on the Presidential campaign, some of the most important decisions in Washington today are getting less attention. The American people need to be aware that key leaders in Congress are quietly promoting legislation that could make some consumer crime problems worse and raise costs on tens of millions of Americans.
In early August, Senator Richard Blumenthal (D-CT), Senator Elizabeth Warren (D-MA), and Representative Maxine Waters (D-CA) introduced the so-called Protecting Consumers from Payment Scams Act. In reality, the bill should be called the Paying Criminals for Payment Scams Act—because that’s what the bill would actually do.
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