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Why consumer agency must go, and why it should be saved

"If the Consumer Financial Protection Bureau disappeared tomorrow, would anyone notice? What is expected to be a contentious Senate Banking Committee confirmation hearing [today] for Rich Cordray, who has been temporarily leading the bureau, offers an opportunity to examine the need for a federal agency designed to protect consumers in their financial dealings." Bob Sullivan of NBC's Red Tape Chronicles interviews U.S. PIRG's Ed Mierzwinski and George Mason's Todd Zywicki.

 

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News Release | U.S. PIRG | Consumer Protection

During National Consumer Protection Week, Consumer Advocates Warn About Harms of Forced Arbitration

In celebration of National Consumer Protection Week, U.S. PIRG joins other consumer groups in calling for elimination of forced mandatory arbitration clauses. "More than ever, consumers are forced to surrender their rights every time they obtain a product or service, including credit cards, checking accounts, cell phone service and even jobs. To truly honor and recognize the importance of consumer protection laws, it is time for Congress and federal agencies to eliminate forced arbitration."

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Blog Post | Public Health

Meat Industry Admits: We Need Food Safety Inspectors | Nasima Hossain

We’ve already written about the impact that sequestration’s across-the-board cuts will have on food safety. Consumers are understandably troubled, and now it seems that even the meat industry is concerned enough about this problem to write to the President.

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News Release | U.S. PIRG | Public Health

REINS Bill Would Dismantle America’s Public Health and Consumer Protections

“The REINS Act (H.R. 367) would block enforcement of existing health and safety laws by creating new bureaucratic hurdles and impossibly short timelines for approval of critical rules. This bill poses a grave threat to the health and safety of the American people.

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News Release | U.S. PIRG | Budget, Tax

BP Trial Decision May Hinge on Tax Deductibility

The high-stakes negotiations between BP and the Justice Department may depend on how determined the Department is to protect taxpayers from subsidizing a settlement. In the past, agencies have allowed companies to write off legal settlements over wrongdoing as a tax deduction. Doing so forces taxpayers to ultimately foot the bill for these deductions. Every dollar these companies avoid paying gets made up through cuts to public programs, higher national debt, or increases to other taxes.

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Reuters: Bank Transfer Day saw 600,000 switch

Bank of America (BofA) Gets Hit By $5 Debit Card Fee, Consumers Move Their Money From Big Banks. Read the story. Then, get more info at U.S. PIRG's Bank Fee Tips. Check out our April 2011 report Big Banks, Bigger Fees for more details.

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News Release | U.S. PIRG | Democracy

U.S.PIRG urges Senate to ban insider trading

In his State of the Union address, President Obama asked congress to help him clean up the government by sending him a bill that bans the practice of insider trading based on congressional knowledge. Today, U.S. PIRG and other reform groups sent a letter to members of the U.S. Senate urging them to pass the Stop Trading on Congressional Knowledge act when it comes to the floor next week.

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News Release | U.S. PIRG Education Fund | Safe Energy

Nuclear Power Plants Threaten Drinking Water for 49 Million Americans

The drinking water for 49 million Americans could be at risk of radioactive contamination from a leak or accident at a local nuclear power plant, according to a new study released today by Environment America Research & Policy Center and the US Public Interest Research Group Education Fund.

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Media Hit | Safe Energy

KPBS Public Broadcasting: Concern Raised About Calif. Nuke Plants And Water Supply

"For nearly 2.3 million residents of the Southern California region drinking-water supplies are located within 50 of the San Onofre Nuclear Power Plant," said Emily Rusch, CALPIRG's Education Fund State Director. "That's a concern because, as we learned from last year in Fukushima, Japan, drinking water sources can become contaminated in the event of an accident or underground leak."

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Media Hit | Democracy

The Daily Show mentions U.S.PIRG Report: Representation Without Taxation

Massachusetts Senate hopeful Elizabeth Warren and Jon Stewart discussed U.S. PIRG and Citizens for Tax Justice's new report, Representation Without Taxation, on the January 24th edition of the Daily Show. The report outlines the "Dirty 30", corporations that spent more money lobbying congress than they paid in taxes between 2008-2010. U.S. PIRG and CTJ released the report to mark the two-year anniversary of the Supreme Court's Citizens United decision, which opened the floodgates for corporate influence in our government, as well as to highlight the need to fix the tax code to force corporations to pay their fair share.

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Priority Action

The overuse of antibiotics on factory farms is threatening these lifesaving antibiotics. Call on the Obama administration to put an end to the worst practices. 

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