Carter vows to veto any bill to checkrein FTC
President Carter promised Thursday to veto any Senate bill that permits Congress to block new Federal Trade Commission regulations. He said special interests are trying to wreck the FTC. He issued the warning in a tough speech to the Consumer Federation of America shortly before his opponent for the Democratic presidential nomination, Sen. Edward M. Kennedy, was scheduled to speak to the group.
"I pledge to you today that if the Congress sends me a bill that cripples the ability of the Federal Trade Commission to protect the American consumer, I will veto that bill," Mr. Carter said.