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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 | U.S. PIRG | Financial Reform

Privacy, Consumer Groups Critical of Facial Recognition Report

We've joined leading privacy and consumer advocates in a news release sharply critical of a supposed "best-practices" report released today by the Telecommunications and Information Administration (NTIA) concerning privacy and facial recognition technology. While the report purports to be the product of a "multi-stakeholder" process, all the leading privacy and consumer stakeholders dropped out of the skewed proceedings many months ago, as the release explains. It concludes: "There is much more lacking in these “best practices,” but there is one good thing: this document helps to make the case for why we need to enact laws and regulations to protect our privacy."

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Video Blog | Consumer Protection

Last Week Tonight with John Oliver: The retirement industry is a minefield -- but here’s the answer

In this week’s episode of “Last Week Tonight,” host John Oliver called out three main problems hurting consumers when it comes to retirement: First, financial advisers aren’t currently required to work in their clients’ best interest. Second, high fees compound over time. Third, actively managed investment funds aren’t the answer. 

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News Release | U.S.PIRG | Consumer Protection

Strong National Payday Rule Could Save Consumers Billions

Today, the Consumer Financial Protection Bureau (CFPB) released its draft high cost small dollar lending (payday and auto title) loan rule for public comment. 

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LATimes: Obama's consumer protection legacy defined by aggressive agency

[This weekend, the Los Angele Times chronicled President Obama's consumer protection record, with heavy emphasis on the history and fight over the Consumer Financial Protection Bureau (CFPB):]

"[...] Launched in the wake of the 2008 financial crisis, the bureau is one of President Obama’s signature accomplishments. [...] “I think you have to consider him a tremendous president for consumers,” said Ed Mierzwinski, consumer program director at the U.S. Public Interest Research Group."

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News Release | RIPIRG | Consumer Protection

Statement at Sears Stove Tip-Over Lawsuit Settlement News Teleconference

Statement of Ed Mierzwinski, U.S.PIRG Consumer Program Director, at the Sears Stove Tip-Over Lawsuit Settlement News Teleconference

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News Release | RIPIRG | Consumer Protection

Chemical Security Legislation Must Include Safer Technologies

Statement of U.S. PIRG Public Health Advocate Liz Hitchcock: A subcommittee of the House Homeland Security Committee marked up the Chemical Facility Anti-Terrorism Act of 2008 today. 

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News Release | RIPIRG | Health Care

Congress Passes Prescription Drug Safety Reforms

By overwhelming margins, the House and Senate passed this week significant reforms to the Food and Drug Administration’s drug safety review system. The centerpiece of the bill includes strong consumer protections.  President Bush has sent mixed signals on whether or not he will sign the bill, which passed the House 405 to 7 and passed the Senate unanimously.

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News Release | RIPIRG | Health Care

House Passes Prescription Drug Safety Reforms; Senate to Follow

The House today passed significant reforms to the Food and Drug Administration's drug safety review system. Part of a comprehensive FDA bill, the bill was a compromise between Senate and House legislation that passed overwhelmingly earlier this year.

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News Release | RIPIRG | Health Care

House Passes Drug Safety Legislation

Consumers scored a victory today over the powerful pharmaceutical industry when the House voted 403 to 16 to pass drug safety legislation as part of a comprehensive Food and Drug Administration reform bill.

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