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-0.00105140186915892 -0.000700934579439279 -0.0017523364485982 -0.00219626168224302 -0.00362149532710283 -0.00712616822429906 -0.00677570093457942 -0.00373831775700943
Stock impact report

U.S. proposes to help airlines avoid consumer protection fines [CNBC]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: CNBC
The U.S. Transportation Department is proposing to revise its guidance to de-emphasize imposing civil fines on airlines that violate consumer protection rules and to drop Biden-era policies that toughened enforcement. The department's Office of Aviation Consumer Protection cited an executive order issued by President Donald Trump in February, saying its enforcement focus “will be on ensuring compliance with civil rights and consumer protection regulations rather than finding and penalizing entities for violations.” The department added that in the event of violations it “will attempt to address the problem by issuing a warning letter to help the regulated entity achieve compliance and resolve the issues before pursuing enforcement actions.” It is also proposing to drop guidance issued in 2023 under then-President Joe Biden that said the department would “intensify enforcement actions” and seek higher penalties for airlines that violate consumer protection rules. The Biden admin Show less Read more
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