Page 38 - Consumer Groups News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That happened to paul karason. >> i kind of hoped it would fade off. >> reporter: it's easy to find these 12 products on the internet or in the stores. but here's something you should know. supplements do not need to prove they are safe and effective before they are sold. and congress has made it tough for the fda to pull them once they're on the market. the industry points out, these supplements are not widely-used. these are fringe products, in your view? >> in my mind, they are an insubstantial amount of the dietary supplement marketplace. >> reporter: there is widespread agreement on one p...

The tags emit radio signal scan the shelves to figure out which products are missing or running low. consumer groups warn the tags can't be turned off. they say that could allow marketers to drive by customer's homes and scan their garbage to find out what they have purchased. well, if you had any doubts the picture was authentic, now we have the video proof it is indeed the real mccoy. you recall a few days ago. this picture emerged 40-foot whale jumping on to sailboat off the coast of africa. there is speculation it was photo shopped. claims which the person who took the picture denied. well...

Fox business network's rich edson has more on this the. the consumer protection agency is supposed to protect us from bad mortgages, things like that, but who's going to run it? >> reporter: well, consumer groups say the obvious pick is the one who came up with the idea of a new agency to govern payment plans across the economy, and that's the harvard professor, elizabeth warren. however, chris dodd says there might be some difficulty getting warren through the confirmation process in the senate. treasury officials are compiling lists of who may or may not be available to lead that new agency,...

It is a compilation of all the ideas that have been offered at our two previous workshops. >> it doesn't mention blogging. >> it does melgs blogging, but we had many at our workshops. we opened with ariana huffington. a lot of the people who have been thinking about that, academics, reporters, the whole idea of the ftc, in these workshops, we bring in all the stakeholders, all the people interested, all the consumer groups and try to work through issues. >> the report, the study, the document, has a lot in there about government funding. let me take off some things. establishing a journalistic...

>> i'll be interested to hear what he has to say whether it is as strong. >> many are saying no. >> starting on sunday night getting e-mails saying this is not as tough as it should be if. if we're going to do this, letsz make sure we do it right. there's not a stand alone agency for consumer protection. that's the reason the consumer groups are upset. senator chris dodd says this is the way to make sure the disaster we went through doesn't happen again. the fed will oversee consumer protection. the senate will confirm them and they'll be paid for by the fed. new rules for too big to fail. the...