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As part of the agreement, Abbott said that it would pay $800 million to resolve civil cases brought by federal and state authorities, $700 million in criminal penalties and $100 million to states in connection with consumer protection matters.
Previously, she served in government as an attorney at the Federal Trade Commission, where she worked on a variety of consumer protection matters including data security, privacy and deceptive marketing and advertising.
The work may involve assistance with appeals of FEMA and other benefits available to disaster survivors, assistance with life, medical and property insurance claims, help with home repair contracts and contractors, including fraud or scams, assistance with consumer protection matters, and counseling on landlord/tenant problems.
Janus will also pay $1.2 million that will be held in trust by the Colorado attorney general for consumer and investor education and to finance future actions by the attorney general related to mutual funds "or other consumer protection matters," a spokesman for Mr. Salazar said.
Cox is now president of Bingham Consulting, LLC, a firm that, among other things, defends businesses from the Consumer Finance Protection Bureau and "consumer protection matters," according to its website.
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"The governor didn't understand this was a consumer protection matter". Oakes referred to "horror stories" such as when renters faithfully pay their monthly installments only to find out the owner is not paying the mortgage, or that the bank is about to take over the house.
He took a strong interest in trade and consumer-protection matters and was a vocal supporter of same-sex marriage and abortion rights.
"The idea that you have consumer protection no matter where you buy the product is largely in this bill," said Ed Mierzwinski, director of consumer programs for the United States Public Interest Research Group.
But an ill-conceived swathe of new "consumer protection" could easily make matters worse.
The two men named by the governor-elect would supervise 7,000 state employees, with responsibility for criminal prosecutions, consumer protection and other legal matters.
In matters of consumer protection and nondiscrimination, the FCC's actions would be subject to approval by the very companies that the agency is meant to oversee.
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