The U.S. Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy, chaired by Arkansas Senator Tom Cotton, held a public hearing this week on the matter: “Economic Mobility: Is the American Dream in Crisis?” One of the five individuals invited to testify was Subway franchisee and former Coalition of Franchisee Associations Chairman Keith Miller. In his testimony (which is available here), Miller cited a number of examples where franchise information was inaccurate and oversight of franchise brands effectively non-existent. He also spoke to and underscored the misconception that the franchise industry is “regulated” by the Federal Trade Commission (FTC). Miller‘s testimony begins at the 55:00 minute mark of the hearing video, while Senator Catherine Cortez Masto (D-NV) announces at the 1:45 mark that she will be filing legislation to address concerns about accurate franchise information later this month. This is one example of the importance of the Coalition of Franchisee Associations, DDIFO’s involvement in it and how acting in concert, franchise owners can make a difference!