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Blog Post | Consumer Protection

Delayed CFPB/Other Wall Street Reform Rollbacks Happening Today On House Floor | Ed Mierzwinski

Last month the House canceled floor consideration of the Financial Services and General Government Appropriations bill. FSGG is back on the floor today and tomorrow. We urge support of amendments to protect the Consumer Financial Protection Bureau (CFPB) but, since they won't pass, we urge a no vote on the bill. Here's an updated excerpt from my previous blog.

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Blog Post | Consumer Protection

Court Rejects PIRG-Opposed Swipe Fee Settlement With Visa/Mastercard | Ed Mierzwinski

Today, a panel of the U.S. Court of Appeals for the Second Circuit threw out a preliminary $7.25 billion settlement between Visa and Mastercard and any merchant accepting credit cards (including U.S. PIRG), ruling that despite that seemingly massive payment for past practices that the settlement gave inadequate relief to merchants going forward, as it essentially immunized the networks for any future illegal conduct while providing mostly illusory benefits. Since we accept credit cards from our members, we, joined by Consumer Reports, had formally objected to the settlement as consumer advocates who also happen to be merchant class members (most merchant associations also objected).

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Blog Post | Consumer Protection

House Launches Frenzy of Attacks on CFPB, Public Protections | Ed Mierzwinski

Today and tomorrow the House floor showcases a variety of special-interest backed bills designed to eliminate public protections and weaken financial reform. Action starts soon with an attempt to override the President's veto of legislation to wipe away a new Department of Labor rule designed to protect hard-earned retirement savings from Wall Streeters seeking their "share" of your own share. Then, the House will consider the massive FSGG Appropriations bill, which rolls back the independence and authority of the CFPB and other financial reforms. Finally, they've teed up a bill to eliminate the Supreme Court's long-standing "Chevron doctrine," which says that courts must defer to expert agencies in certain circumstances. Without the doctrine in place, polluters and wrongdoers will have more opportunities to challenge public protections.

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Blog Post | Transportation

Clean Transportation Doesn’t Need To Be A Distant Utopia | John Olivieri

For many, when they think of combating global warming, they think of solar panels on rooftops and eliminating coal fired power plants. But, the truth is, there is not an effective solution to address global warming that does not deal with transportation as well.

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News Release | U.S. PIRG | Consumer Protection

Joint Statement Opposing Exceptions to CFPB Payday Rule

We've joined 10 other leading consumer, community, religious and civil rights organizations to oppose exemptions to a strong CFPB payday and auto title lending rule and to reiterate our opposition to an exception that has already been considered and rejected that would allow lenders to make longer-term installment loans without considering a borrower’s ability to repay so long as the payment did not exceed five percent of a borrowers’ income.

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News Release | RIPIRG | Consumer Protection

Students Support Fair Campus Credit Card Marketing Principles

Students overwhelmingly support limits on campus credit card marketing, according to the results of a nationwide RIPIRG survey of more than 1,500 students at 40 colleges in 14 states.

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News Release | RIPIRG | Transportation

Local Leaders Call for Transit Vision

Efforts to improve Rhode Island’s public transit system received a boost today as Providence Mayor Cicilline, Lincoln Senator Connors, the Sierra Club and other supporters held an event at Waterplace Park calling for approval of financing and citing a major new report on oil savings and other benefits from public transportation across the country. The RIPIRG report, A Better Way to Go: Meeting America’s 21 st Century Transportation Challenges with Modern Public Transit, examines the challenges faced by America’s transportation system and the benefits of existing rail and bus projects in Rhode Island and other Southern New England states.

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News Release | RIPIRG | Consumer Protection

House Adopts Independent Ethics Oversight

Statement of Gary Kalman, Director of U.S. PIRG’s Federal Legislative Office: The House of Representatives voted tonight to establish an independent Office of Congressional Ethics.

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News Release | RIPIRG | Consumer Protection

Consumer Groups Applaud Senate on Passage of Strong Bi-Partisan Product Safety Legislation

Today, consumer, public interest and scientific groups applauded the U.S. Senate for passage of the sweeping Consumer Product Safety Reform Act, S. 2663.

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News Release | RIPIRG | Consumer Protection

House Homeland Security Committee Passes Chemical Security Legislation

Statement of U.S. PIRG Public Health Advocate Liz Hitchcock

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