Updates

News Release | U.S. PIRG | Consumer Protection

U.S. PIRG Commends Defense Department for Protecting Military Families from Predatory Lenders

Today, we applaud the Department of Defense for its proposal to expand the protections of the 2007 Military Lending Act against predatory financial practices aimed at servicemembers and veterans and their families and that threaten the nation's military preparedness. The proposal also closes loopholes exploited by payday lenders, auto title pawn companies and other lenders to evade the law's intended protections.

News Release | U.S. PIRG | Tax

U.S. PIRG statement in response to the resignation of Attorney General Eric Holder

Attorney General Eric Holder's Department of Justice negotiated many large settlements to resolve charges of corporate wrongdoing, but he missed an opportunity to leave behind a legacy of increased transparency and public protections against companies writing off settlements as tax deductions.

News Release | U.S. PIRG | Consumer Protection

Groups Applaud CPSC for Protecting Kids From Dangerous Magnets

U.S. PIRG and other consumer advocates, joined by pediatricians and pediatric gastroenterologists, today applauded the Consumer Product Safety Commission’s (CPSC) vote to address the hazards posed by high powered magnets.  Children who swallow two or more magnets are at risk of developing serious injuries such as small holes in the stomach and intestines, intestinal blockage, blood poisoning, and even death.

We urge CFPB to add stories to complaint database

By | Ed Mierzwinski
Consumer Program Director

While Congress gets the bulk of the news, a lot of the work in Washington is done by agencies writing rules or enforcing laws. The rulemaking process is a contentious battle, where powerful special interests mobilize thousands of lawyers and PR flacks to delay or kill efforts to protect consumer, worker and community health and safety or to make markets work. So, we fight back. Yesterday, we urged the CFPB to add consumer stories to its Public Consumer Complaint Database. We've also recently urged other agencies to take action, including asking the DOT to expand airline passenger rights and the FCC to protect a free and open Internet.

Recent Inversion Wave Brings on Slew of Outrage - What's Next?

By | Jaimie Woo
Tax & Budget Associate

 

Ten years ago, Republicans and Democrats agreed that corporate tax dodging was a problem, and came together to fix it. But large U.S. corporations got trickier — they sought out new ways to get around paying their taxes on U.S. profits, hiring thousands of tax accountants to take advantage of loopholes in our tax code. The recent fix? Corporate inversions.

News Release | U.S. PIRG | Transportation

New Study Identifies Eleven Highway Boondoggles Across the Country

A new report by the U.S. PIRG Education Fund identifies 11 examples of wasteful highway spending that are slated to cost at least $13 billion and are based on outdated assumptions of ever-increasing driving. The study calls on the federal and state governments to reprioritize scarce transportation dollars to other projects.

News Release | U.S. PIRG | Public Health

Some Good, Some Bad in Obama Executive Order on Protecting Antibiotics

Today, President Barack Obama issued an Executive Order – Combating Antibiotic Resistant Bacteria. While the order takes several important steps necessary to control the spread of antibiotic-resistant bacteria, it misses the opportunity to call for critical reforms in the agricultural sector that are essential to protect public health.

Yesterday the CFPB and FTC announced separate actions against two online payday lenders running essentially the same alleged scam. Both "lenders" collected detailed consumer information from lead generation websites or data brokers, including bank account numbers, then deposited purported payday loans of $200-300 into those accounts electronically, and then collected biweekly finance charges "indefinitely,"

News Release | U.S. PIRG | Tax

Taxpayers Will Bear Nearly $200 Million of Friday’s HSBC Settlement

Friday’s $550 million settlement between the Federal Housing Finance Agency (FHFA) and HSBC North American Holdings Inc. can be treated as a tax write-off by the bank, shifting $192.5 million onto taxpayers. Because the FHFA did not specify that the settlement payment cannot be treated as a regular business expense, HSBC will be able to deduct the entirety of the $550 million payment.

News Release | U.S. PIRG | Democracy

Statement of Mike Russo, Federal Program Director with U.S. PIRG, on today’s Senate vote on the constitutional amendment to overturn Citizens United

Amending the Constitution was never meant to be easy, but we know that the public overwhelmingly supports getting big money out of politics. Today’s vote is just the beginning, and marks a big step forward in the movement to reclaim our democracy.

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Priority Action

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

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