Thursday, March 11, 2010

It's National Consumer Protection Week in USA

March 7-13 is National Consumer Protection Week (NCPW) 2010. It's a week the government will devote to providing free resources and information to better inform consumers how and where to spend their money.

President Obama's "Presidential Proclamation" in a March 5 White House Press Release explained that NCPW "gives all Americans an opportunity to become better-informed consumers."

From the president's proclamation:
"I call upon government officials, industry leaders, and consumer advocates across our Nation to share information about consumer protection; and I encourage all Americans to learn more about marketing and business, whether they are shopping at their local store or in the global online marketplace."

Obama said his administration is committed to protecting American consumers. Because of that, he signed into law the CARD Act, which went into effect last month, and he also recently established the President's Advisory Council on Financial Capability, "which is looking for new ways to help individuals make informed financial decisions," according to the press release.

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