Complete waste of government time. If you don't like frequent flyer programs, don't participate. That simple!

Regulating frequent flyer programs will just in turn make it worse for consumers.

Participation in a frequent flyer program is completely optional. I agree that especially with all the devaluations lately that it is a bad proposition for a lot of people. I am getting out of the miles game by opening the barclay card arrival and cancelling my Citi AA card when the annual fee is due. Even though I fly AA I feel it is a foregone conclusion they will match United and Delta when the new program is announced. At that point I get a better rate of return going with a straight cashback style credit card rewards. I will still collect miles, but ONLY BIS miles. No longer will I go out of my way to collect miles though partners.

Even southwest has devalued to a point where I am better off with straight cashback. The only airline out there with a decent program is Alaska and unfortunately they don't serve my home airport.

Don't like frequent flyer programs? Think they are predatory? Then don't join one! A real busybody this senator in the article.