Resources

Resource | Financial Reform

Letter to Congress Opposing Financial Choice Act 2.0

Our letter to the U.S. House of Representatives opposing draft legislation, the so-called Financial Choice Act 2.0, introduced by House Financial Services Committee chair Jeb Hensarling (R), to repeal parts and eviscerate parts of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, including the centerpiece Consumer Financial Protection Bureau.

Resource | Financial Reform

17-Group Letter Opposing Rollback of State Privacy Laws

On Tuesday, 8 December 2015, the U.S. House Financial Services Committee is expected to vote in favor of a data breach notice bill opposed by consumer and privacy groups and many state attorneys general because its breach provisions are not only weaker than those of most states, but the bill includes a Trojan Horse provision to broadly preempt strong state privacy laws. Here is our letter, co-signed by 16 other groups, explaining why the bill is a bad idea.

Resource | Financial Reform

Supreme Court Brief of U.S. PIRG Education Fund in ATM Fee case

We've long been involved in fighting against unfair practices by Visa, Mastercard and the big banks that raise the "swipe fees" merchants pay to accept credit and debit cards or that deny entry by lower-cost ATM networks, all resulting in consumers paying more at the store, at the pump and at the ATM machine. Attached is our amicus (friend of the court) brief to the Supreme Court in support of consumers and ATM owners alleging a conspiracy by Visa, Mastercard and the big banks to charge independent ATM owners high fees to join the network, meaning consumers pay higher fees to use fewer available independent ATMs.

Letter opposing Regulatory Accountability Act

The Regulatory Accountability Act is part of a package of "analysis-paralysis" proposals designed to make it impossible for agencies to enact health, safety or financial safeguards.

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