Dangerous chemicals in cosmetics spur action by lawmakers

Americans spend more than $50 billion every year on beauty and skin care products. But there's growing concern that some of the products we use to look good actually could be causing harm.

Now a bipartisan group of lawmakers and industry leaders says that has got to change, reports CBS News correspondent Jan Crawford.

"It's because of the addition of some chemicals - chemicals for staying power, chemicals for shine," said California Sen. Dianne Feinstein, who is leading a bipartisan effort in Congress to give the FDA more power to ensure skin and beauty products are safe. "Our laws should provide for adequate testing of chemicals before they go into widely used products."

Cosmetics and skin care products are largely unregulated. Today's products are made with chemicals like formaldehyde -- used in products from nail polish to some chemical hair straighteners - which is known to cause cancer. Other commonly used cosmetic preservatives include propylparaben and lead acetate, used in hair dye.

Under the proposed law, the FDA ...Read full article

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