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White House Targets Consumer Hassles with 'Time is Money' Initiative

New regulations aim to simplify subscription cancellations, improve customer service, and eliminate fake reviews to protect consumers' time and money.

  • FTC proposes rules to make canceling subscriptions as easy as signing up.
  • CFPB to regulate ineffective chatbots and ensure quick access to human representatives.
  • DOT mandates automatic refunds for canceled or significantly altered flights.
  • FCC investigates extending cancellation rules to telecom services.
  • New regulations will also tackle fake reviews and deceptive endorsements.
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