The U.S. House Subcommittee on Innovation, Data, and Commerce held a hearing regarding the FY2025 budget of the Consumer Product Safety Commission (CPSC). The CPSC’s budget has historically been much lower than other comparable regulatory agencies such as FDA and NHTSA despite being tasked to product consumers from over 15,000 types of products. All five of the agency’s commissioners testified at the hearing with CPSC Chairman Alex Hoehn-Saric articulating that, “at some point, we can’t do more with less.” This year, the CPSC’s appropriation was just $151 million, and the House Appropriations Committee approved cutting the FY2025 budget by 6% to just $142 million, a far cry from the agency’s requested amount of $183.05 million. Read our blog on the hearing, which includes statements from members of Congress highlighting the importance of the agency. |