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News Release | U.S. PIRG | Consumer Protection

CFPB Turns 5 Years Old, PIRG Celebrates Accomplishments, Warns of Ongoing Threats

This week, on July 21, the Consumer Financial Protection Bureau turns 5 years old. The CFPB, a brainchild of then-professor Elizabeth Warren, was championed by U.S. PIRG and Americans for Financial Reform (AFR), a PIRG-backed coalition of civil rights and community groups, as part of Wall Street Reform legislation enacted in the wake of the 2008 financial collapse triggered by risky bank practices. U.S. PIRG warned, however, that the successful bureau, the first federal financial agency with only one job, protecting consumers, faces continued threats.

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Blog Post | Consumer Protection

Consumers Count: Five years of the CFPB standing up for consumers | Kathryn Lee

This week, the Consumer Financial Protection Bureau turns five years old! As part of our efforts to tell more people about the CFPB, we're cross-posting this video blog and comments written by Zixta Q. Martinez of the CFPB (check out the infographic at the end, too!).

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Letter: Protecting the FTC from Special Interest Attacks

While much of our work has been in defense of the Consumer Financial Protection Bureau (CFPB), we also support the efforts of the over-100 year old Federal Trade Commission.

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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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News Release | RIPIRG | Consumer Protection

Consumer, Safety Groups Call Foul on False Attacks on Product Safety Reform Bill

Consumer, public interest, safety, and scientific groups today condemned false charges from the office of Sen. Jim DeMint, released through the Republican Steering Committee, against a Senate bill that would overhaul the ailing Consumer Product Safety Commission, and urged Senators to approve the measure – without weakening amendments - when it is slated to come up for a vote next week.

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News Release | RIPIRG | Consumer Protection

Another Toy Recall

Last week, the Consumer Product Safety Commission (CPSC) and Family Dollar Stores recalled the Gordy FUN N SAFE Magnetic Dart Board set due to aspiration and intestinal hazards. The toy is similar to the Gordy/Family Dollar Fun N Games Magnetic Dart Board, identified in RIPIRGs November 2007 Trouble In Toyland report as a toy that posed the same hazards.

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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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