News Briefs

The more we educate the public about Monsanto's weedkiller, Roundup, the more support we find for banning the product—the residue of which can be found practically everywhere, from breakfast cereal to ice cream.

We've been telling everybody who will listen that the companies that make electronics and other products should make it easier to repair your stuff. In July, we got to tell the Federal Trade Commission...

 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

In committee votes this week and last week, the House Financial Services Committee sent a package of credit reporting reforms on to the House floor. It's the first major Congressional action to rein in the so-called Big 3 credit bureaus - Equifax, Experian and Trans Union - and other smaller, specialized bureaus and credit scoring companies, since 2003. The Big 3 national credit bureaus have been the most complained about financial firms to the CFPB for four years running, predating the massive Equifax data breach.

Each year, America landfills and incinerates enough organic material to fill a line of 18-wheelers stretching from New York to Los Angeles 10 times over.

 

The fast food chain Wendy's has a role to play in preventing a future in which antibiotics no longer work to protect our health.

Everybody knows somebody who has a "bad airline story" involving a long flight delay, sitting on the tarmac, being "bumped," losing baggage or some nightmare combination thereof.

Like the teen star herself, Claire's JoJo Siwa Makeup Set is colorful, sparkly and shimmery—but it's now been found to contain asbestos.

"Don't wait for Pig Zero," declared the poster, featuring a pig peeking through a giant blue zero, that appeared at last year's swine industry trade show.

 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

As the CFPB conducts a ten-year regulatory review of the Overdraft Rule established by the pre-CFPB regulators in 2010, the UK's Financial Conduct Authority has announced sweeping changes to address what it calls a "dysfunctional" overdraft market. The US system prohibits overdraft fees on debit and ATM transactions unless you opt-in to fee-based "standard overdraft protection," but the fees average over $32 per overdraft and CFPB has accused some banks of deceptive marketing of the service. Meanwhile, the UK's FCA is banning fixed fee overdrafts and requiring UK banks to treat overdrafts as loans subject to reasonable interest rates. We've asked CFPB to ban overdrafts on debit and ATM transactions.

 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

The media are reporting that efforts led by BigTech and BigPhone to push Congress to enact a self-serving umbrella privacy law on Capitol Hill are stalling. But that's only for now; they are still pushing hard. Pushback from legislators with stronger state laws is helping slow them down. So are the welcome efforts of civil rights colleagues to demand that digital and algorithmic decisions not discriminate. There's an important civil rights briefing later this afternoon on Capitol Hill. Learn more.