Federal Initiative Aims to Crack Down on Corporate ‘Headaches and Hassles’ for Consumers

Federal agencies are proposing rules that reportedly seek to ease customer transactions such as cancellations, refunds, and support services.
Federal Initiative Aims to Crack Down on Corporate ‘Headaches and Hassles’ for Consumers
President Joe Biden delivers the State of the Union address while Vice President Kamala Harris applauds, at the U.S. Capitol on Feb. 7, 2023. Jacquelyn Martin/AFP via Getty Images
|Updated:

The federal government announced a new effort that seeks to ensure that businesses do not waste people’s time and money with unnecessary policies and procedures.

The Time Is Money initiative aims to “crack down on all the ways that corporations—through excessive paperwork, hold times, and general aggravation—add unnecessary headaches and hassles to people’s days and degrade their quality of life,” according to an Aug. 12 White House fact sheet.
Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.