Consumer Protections on Wall Street Updates

News Release | U.S. PIRG | Consumer Protection

New analysis: CFPB consumer complaints skyrocket during pandemic

As the House considers the next coronavirus funding bill, the Heroes Act, an analysis by U.S. PIRG of recent complaints to the U.S. Consumer Financial Protection Bureau (CFPB) shows an alarming need for Congressional action to protect consumers from the pandemic’s repercussions.

News Release | U.S. PIRG | Consumer Tips, Consumer Protection

Largest bank hack ever, of Capital One, exposes 100 million to identity theft

Everyone should assume that their social security number has been exposed between this breach and breaches of other major companies’ databases, such as Equifax’s. With that in mind, U.S. PIRG recommends all Americans should use their right by law to freeze their credit reports for free

News Release | U.S. PIRG Education Fund | Consumer Protection, Financial Reform

Equifax penalty is a “sweetheart deal” that leaves consumers at risk

Our response to Equifax paying a $650 million penalty for exposing the social security numbers of 148 million Americans to identity theft.

Members of Congress hear repeatedly from lobbyists for corporate special interests in their offices and at fundraisers. How can consumer advocates balance the scales?

News Release | U.S. PIRG | Consumer Protection

Investigation alleges Facebook violates consumers’ privacy -- and an FTC consent decree against deception

Yesterday, The New York Times published the results of an investigation alleging that Facebook allowed big tech partners including Netflix and Spotify to access users’ personal data -- including private Facebook messages -- and ignored an FTC consent decree requiring users’ consent.

News Release | U.S. PIRG

New study links untested strain of E. coli in chicken to human illness, USDA Needs to Act

A new report from the George Washington University Milken Institute of Public Health shows that a strain of E. coli in poultry that is rarely tested for could be linked to people contracting urinary tract infections. This gap requires a reevaluation of what strains require investigation to catch dangerous pathogens, according to experts and advocacy group U.S. Public Interest Research Group (U.S. PIRG).

News Release | U.S. PIRG | Consumer Protection

U.S. PIRG Responds to AT&T/Time Warner Merger Approval

Today, a federal judge approved AT&T's merger with Time Warner, ruling against the U.S. Justice Department.

Breaking The Cycle Of Debt: Why We Need The Payday Lending Rule

By | Mike Litt
Director, Campaign to Defend the Consumer Bureau

We call them debt traps for a reason: Payday lending has long led to schemes that literally trap consumers in consecutive loans with obscenely high interest rates.

 

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