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Consumer Law News
Nancy Nord Becomes Acting Chairman Of CPSC
WASHINGTON, D.C. – Effective today, Nancy Nord assumes the position of Acting Chairman of the U.S. Consumer Product Safety Commission (CPSC).
Ms. Nord was appointed by President George W. Bush to be a Commissioner at CPSC and was sworn into office on May 5, 2005. Her term as Commissioner expires in October 2012.
Before coming to the CPSC, Ms. Nord held a number of legal positions both in the federal government and the private sector. A native of South Dakota, she holds a bachelor’s degree from the University of Nebraska and a law degree from the George Washington University in Washington, D.C.
Ms. Nord stated, “I look forward to continuing my open door policy by hearing from and working with all of our agency stakeholders in order to effectively and efficiently carry out the important work of the Commission.”
Definition:
Before you sign on the dotted line, get all of the loan terms in writing, including the payment schedule and interest rate. If the lender isn't familiar to you, contact your state banking department and ask how to confirm that it's licensed and operating properly.
Health Consumer Bill of Rights
Definition:
Was developed by the federal government. This has been used as a foundation for many health plans, including the federal government sponsored health plans. Health care consumer's rights; Rights of the health care consumer
Counterfeit Drugs
Definition:
Pay attention to packaging. Check for altered or unsealed containers, or changes in the packaging or label. If you know the size shape, color, and taste of the medications you take, you will more easily identify possible counterfeits.
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