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By Reuters Staff 2 Min Read WASHINGTON (Reuters) - Commissioners on the Federal Trade Commission will testify to Congress next week to discuss the agency’s anti-fraud efforts during the COVID-19 pandemic, particularly its ability to seek financial redress from accused scam artists. Among the concerns to be discussed is whether the Supreme Court could rule that the FTC overstepped its authority when seeking ill-gotten gains from those accused of deceptive practices. The FTC, which cannot bring criminal charges, has said a ruling against it would severely curtail its ability to undo damage done by fraudsters. FTC data shows that there have been 259,763 reports of fraud between January 2020 and April 2021, with a median loss of $340.

United statesNoah phillipsRohit chopraAurora ellisChristine wilsonDiane bartzLina khanThomson reuters trust principlesSupreme courtConsumer financial protection bureauFederal trade commissionChairwoman rebecca slaughterCommissioner rohit chopraConsumer financial protectionRepublican commissioners noah phillipsThomson reuters trust