Where’s the FTC Headed? FTC Commissioners Call for Rulemaking Amid ECOA Settlement Approval

Last week, the FTC put an end to a New York auto dealer’s discriminatory lending practices as the FTC brought its first Equal Credit Opportunity Act (“ECOA”) case in over ten years. Notably, two Commissioners are now calling for new rules to help further fight deception in the auto finance market. According to both Commissioners,…