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Blog Post | Financial Reform

CFPB Appoints Task "Farce" On Consumer Law | Ed Mierzwinski

Last week, CFPB Director Kathy Kraninger appointed four lawyers and professors to a "Taskforce on Federal Consumer Law." To my knowledge, none have worked for consumer protection organizations yet all have worked as industry consultants or been aligned with industry views, although all have previous government experience. I am aware of several distinguished professors with CFPB experience who were rejected. Incredibly, the announcement of this better-described "Task Farce" claimed inspiration from a distinguished bi-partisan commission established by the Consumer Credit Protection Act in 1968." 

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News Release | U.S. PIRG | Consumer Protection

Critical Product Safety Legislation Introduced in House by Representative Rush

U.S. Rep. Bobby Rush releases legislation to increase transparency around important product injury and death data. 

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News Release | U.S. PIRG | Public Health

Statement: FDA fails to fully protect kids from nicotine addiction

The Food and Drug Administration issued a policy today that would take many flavors of cartridge-based e-cigarettes such as Juul temporarily off the market due to their appeal to kids.

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News Release | U.S. PIRG Education Fund and Frontier Group | Tax

More than a third of U.S. states get an “F” for economic development transparency

More than one-third of U.S. states are failing to make critical information about how governments are subsidizing business projects with taxpayer dollars readily available to the public online, according to a new report from U.S. PIRG Education Fund and Frontier Group. Following the Money 2019, the organization’s tenth evaluation of online government spending transparency, gives 17 states a failing grade, while only four states received a grade of “B” or higher.

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Report | U.S. PIRG Education Fund and Frontier Group | Tax

Following the Money 2019

Our 10th report on government spending transparency rates all 50 states on the degree to which they make information about corporate tax breaks and other subsidies available online.

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Blog Post | Consumer Protection

Event 5/11 re new book on black box decisionmaking & consumers | Ed Mierzwinski

UPDATED TO CONFIRM CFPB Speaker. We are hosting an event Monday, 5/11, from 9am-noon ET to discuss a new book, The Black Box Society, with author Frank Pasquale. Click Keep Reading to RSVP to attend in person or to watch the livestream. While credit bureaus have long functioned as black box gatekeepers to opportunity, panelists will discuss the growing use of more and more, even less transparent black boxes to categorize consumers in the digital economy.

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Blog Post | Consumer Protection

U.S. House Considers Delay To Financial Protections for Servicemembers, Veterans | Ed Mierzwinski

(UPDATED 30 April): Last year the Department of Defense proposed needed improvements to the 2007 Military Lending Act, since high-cost lenders were exploiting loopholes to evade the law's 36% APR cap on loans to servicemembers to make loans at 400% APR or more, harming military families and threatening unit preparedness to defend the nation. Now, days before a committee vote, predatory lenders have succeeded in convincing House Armed Services Committee leaders to insert language into the National Defense Authorization Act that would delay the DoD regulations up to a year while needless, redundant studies are prepared. Only in Washington.

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Blog Post | Consumer Protection

The CFPB at Three: A Child Prodigy | Ed Mierzwinski

The Consumer Financial Protection Bureau (CFPB) turned just three years old Monday, July 21st, but when you look at its massive and compelling body of work, you must wonder: Are watchdog years like plain old dog years? Is the CFPB now a full-sized, 21-year-old adult? The answer is no, not yet. The CFPB is still growing and developing and adding programs and projects. The CFPB is, however, at three years old, certainly a child prodigy. Despite overwhelming public support, however, powerful special interests continue to attack it. Yet, the idea of the CFPB needs no defense, only more defenders.

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News Release | U.S. PIRG

WASHINGTON – Midway through a summer full of brutally hot weather, flash floods and worsening drought, the U.S. Senate passed the largest-ever package of climate and clean energy investments. The Inflation Reduction Act includes roughly $369 billion in climate spending, designed to reduce emissions by 40% by 2030 and put the United States’ Paris Climate Accord goals within reach. The U.S. House of Representatives is expected to vote on Friday, August 12.

News Release | U.S. PIRG

WASHINGTON – The Inflation Reduction Act just passed by the U.S. Senate provides powerful tools for the government to address high drug prices. Federal legislators identified ways to address drug costs that will save close to $240 billion over 10 years and also relieve the burden of the high cost of medications for many Americans. Next, the U.S. House of Representatives must pass the bill for it to become law.

News Release | U.S. PIRG

The United States Senate passed the PACT Act with bipartisan support, expanding health care benefits to veterans exposed to toxic chemicals while serving in the military.

News Release | U.S. PIRG

According to the Wall Street Journal, Equifax sent to lenders millions of incorrect credit scores for consumers applying for auto loans, mortgages and credit cards.

Blog Post

If passed, this bill would reinstate one of several “polluter pays” taxes that was allowed to lapse 26 years ago

Transportation

EPA announces $5 billion for electric school buses

The Environmental Protection Agency (EPA) has announced a $5 billion Clean School Bus Program to help school districts replace polluting diesel buses with clean electric ones. Currently, most of the nation’s 450,000 school buses run on diesel fuel, even though diesel exhaust has been linked to respiratory illness, cancer and other serious health risks.

 

Solid Waste

Biden administration commits to removing single-use plastic from national parks

U.S. Secretary of the Interior Deb Haaland has issued an order to phase out single-use plastic products from our country’s national parks and other public lands by 2032, after PIRG and over 20,000 of our supporters urged the administration to take this critical step beyond plastic.

 

Report: Methane Gas Leaks

Gas leaks and pipeline incidents are common and put public health and safety at risk.

 

Consumer Protection

GM heeds consumer groups' advocacy, commits to not sell used cars with safety issues

We commend General Motors for its new commitment not to sell used vehicles with unrepaired safety recall defects on its soon-to-be-launched used car platform, CarBravo.

 

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