Auction Sales
Since cancellation of the April 9 omnibus stakeholder meeting, originally scheduled and then cancelled by the office of Senator Pryor, we continue to encourage the Senator’s staff to allow the ongoing cooperative interaction between law enforcement and various auction companies to proceed in lieu of pursuing a legislative “fix” for the issue. As a result, to date we have not heard anything further from the Senator’s staff on legislation. That is not to say that we won’t at some point given that the Senator’s legislative interest also extended to various consumer concerns. We will continue to monitor the situation.
CFPB Consumer Advisory Board
We contacted Kimberly Miller who is leading the effort at the Bureau regarding nominations for the Consumer Advisory Board. Without mentioning any particular name(s) -we did not want to jeopardize any specific application- we pressed the importance of the Association’s representation on the Board. We were advised that over 1,000 applications had been received and that a team was in the process of reviewing them. No indication as to timing.
S.1449, the Motor Vehicle and Highway Safety Improvement Act
S.1449 is the bill that had the onerous recall provision/process included in an earlier version of the bill considered last Congress. That provision would have prohibited the sale or lease
Since cancellation of the April 9 omnibus stakeholder meeting, originally scheduled and then cancelled by the office of Senator Pryor, we continue to encourage the Senator’s staff to allow the ongoing cooperative interaction between law enforcement and various auction companies to proceed in lieu of pursuing a legislative “fix” for the issue. As a result, to date we have not heard anything further from the Senator’s staff on legislation. That is not to say that we won’t at some point given that the Senator’s legislative interest also extended to various consumer concerns. We will continue to monitor the situation.
CFPB Consumer Advisory Board
We contacted Kimberly Miller who is leading the effort at the Bureau regarding nominations for the Consumer Advisory Board. Without mentioning any particular name(s) -we did not want to jeopardize any specific application- we pressed the importance of the Association’s representation on the Board. We were advised that over 1,000 applications had been received and that a team was in the process of reviewing them. No indication as to timing.
S.1449, the Motor Vehicle and Highway Safety Improvement Act
S.1449 is the bill that had the onerous recall provision/process included in an earlier version of the bill considered last Congress. That provision would have prohibited the sale or lease
