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Testimony Before the Committee on Appropriations, Subcommittee On Financial Services and General Government on Consumer Protection Issues

We believe that the ultimate question before the Committee today is whether the CPSC and the FTC have the resources necessary to fulfill their missions. CU has serious concerns — that without a significant increase in funding — the answer is “no.” In my testimony today, I will address areas of concern identified by CU as those of increasing challenge to the CPSC, and to the FTC, respectively. CU strongly urges members of this Subcommittee to increase its oversight to ensure that any additional resources are used by the agencies to proactively address the most serious threats facing consumers today, and to anticipate and respond aggressively to new and emerging challenges.