Key pieces of consumer protection legislation include the Consumer Product Safety Act, which establishes safety standards for consumer products, and the Fair Debt Collection Practices Act, which regulates the behavior of debt collectors. The Truth in Lending Act requires clear disclosure of credit terms to consumers, while the Federal Trade Commission Act addresses unfair or deceptive business practices. Additionally, the Consumer Financial Protection Act created the Consumer Financial Protection Bureau to oversee financial products and protect consumers in the financial marketplace.
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