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Blog Post | Consumer Protection

CFPB seeks your views on prepaid cards, including campus cards featured in our latest report | Ed Mierzwinski

The CFPB wants your views on general purpose reloadable prepaid cards. Some of the campus cards featured in U.S. PIRG Education Fund's new report, the Campus Debit Card Trap, are prepaid cards, others are debit cards, and there is a difference.

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Media Hit | Higher Ed

New York Times: On Campus, New Deals With Banks

“Campus debit cards are wolves in sheep’s clothing,” Rich Williams, higher education advocate for U.S. Public Interest Research Group Education Fund and lead author of the report, said in releasing the report. “Students think they can access their dollars freely, but instead their aid is being eaten up in fees.”

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Blog Post | Consumer Protection

House banking committee takes action to aid predatory rent-to-own firms today | Ed Mierzwinski

(Updated 1 June) This morning the House Financial Services Committee will likely approve HR 1588, legislation designed solely to allow the rent-to-own industry ("for only 104 weekly payments of $10.99, you can own this TV/computer/couch" for 3 or 4 times its total retail price) to preempt or override the laws of the several states that protect its consumers from predatory financial practices. Is that the role of the Congress?

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Blog Post | Tax, Transportation

Senate Transportation Bill Stretches Dollars by Ending Hidden Subsidies and Cracking Down on Tax Dodgers | Phineas Baxandall

The Senate transportation bill doesn't transform the way America invests in transportation, but it finds some good ways to save money and increase performance within an austerity budget

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Report | U.S. PIRG Education Fund | Higher Ed

THE CAMPUS DEBIT CARD TRAP

Banks and other financial firms are taking advantage of a variety of opportunities to form partnerships with colleges and universities to produce campus student ID cards and to offer student aid disbursements on debit or prepaid cards. In addition to on-campus services, such as student ID functions offered on the card, some cards offer traditional debit card services linked to bank accounts; other cards provide additional reloadable prepaid card functions. The disbursement of financial aid and university refunds is the most significant partnership identified.

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News Release | U.S. PIRG Education Fund | Democracy

SpeechNow and RNC Cases Decided in ‘Win-Some Lose-Some,’ Day for Campaign Finance Reform

In a pivotal campaign finance decision today, the Republican National Committee’s challenge to the ban on soft money contributions to national parties was rejected by a three-judge panel.

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News Release | U.S. PIRG Education Fund | Transportation

Campaign Contributions Greasing the Wheels for New Highway Construction?

U.S. PIRG Education Fund’s new report, Greasing the Wheels: the Crossroads of Campaign Money and Transportation Policy looks at the 2008 transportation appropriations bill using data never before available, laying out the details of Congress’ earmark requests. The report, released on Thursday, also examines the campaign contributions from highway construction interests to both state and federal candidates.

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News Release | U.S. PIRG | Consumer Protection

Amendment Would Thwart FCC's Proposed Rules for an Open Internet

Despite the commitments made by the FCC and the President, Republican members of the Senate have introduced a measure that would prevent FCC action on Network Neutrality and leave consumers on the Internet vulnerable to unfair and discriminatory practices.

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News Release | U.S. PIRG | Consumer Protection

Lawmakers Should Support a Broadband Plan Which Serves the Public Good

On the eve of One Web Day, public interest groups are urging Congress to support the National Broadband Plan.

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News Release | U.S. PIRG Education Fund | Democracy

Campaign Finance Rules That Regulate 527 Spending Overturned

A federal appellate court panel of 3 judges has overturned campaign finance rules that limit how some political action committees (PAC’s) spend money in campaigns. The U.S. Court of Appeals in Washington said that the regulations limit free speech rights to 527s.

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