PennPIRG Ban Roundup & CFPB Homepage 2017

What's New

Blog Post | Transportation

Owning Fewer Cars Isn’t Just For Millennials | Sean Doyle

New transportation options are making it easier for people to use transit more, own fewer cars, and even save money on transportation.

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Blog Post | Financial Reform

We oppose latest effort to weaken CFPB, other bank regulators | Ed Mierzwinski

Today, the House Financial Services Committee holds its latest cattle-call markup of a package of industry-backed bills designed to weaken consumer, taxpayer, depositor and investor protections. We've signed a letter opposing the so-called TAILOR (Taking Account of Institutions with Low Operation Risk) Act, which piles redundant requirements onto the Consumer Financial Protection Bureau and other regulators to do what they already do by existing law--treat small banks and credit unions differently than mega-banks. Also, the PIRG-backed Americans for Financial Reform sent up a letter opposing the TAILOR Act and 6 more of the 10 bills on the agenda because they are designed to weaken consumer, taxpayer, depositor and investor protections.

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

More Than 100 Groups Insist on No Riders in Spending Legislation

The day before the White House is expected to release its fiscal year 2017 budget proposal, a coalition of more than 100 groups, including U.S. PIRG, sent a letter calling on President Barack Obama and all 535 members of Congress to oppose any federal appropriations bill that contains ideological policy riders.

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Blog Post | Consumer Protection, Financial Reform

100+ Groups Oppose Provisions That Threaten Public Protections | Mike Litt

The White House is expected to release its fiscal year 2017 budget proposal tomorrow. U.S. PIRG and various state PIRGs joined a coalition of more than 100 groups that sent the following letter calling on President Barack Obama and all 535 members of Congress to oppose any federal appropriations bill that contains ideological policy riders. 

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Blog Post | Financial Reform

CFPB Criticizes Banks Re Account Opening and Overdrafts, Offers Consumer Tips | Ed Mierzwinski

Today, the CFPB is holding a field hearing in Louisville on problems consumers face when opening bank accounts. It finds that big banks frequently offer consumers expensive accounts where they risk overdraft fees instead of affordable accounts. Further, the CFPB finds that the practices of specialty "bad check" credit bureaus make it harder to open accounts. The CFPB issued warnings to both the banks and credit bureaus while providing consumers with new tips and advice.

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News Release | PennPIRG Education Fund | Safe Energy

Nuclear Power Threatens PA Drinking Water

Philadelphia, PA – The drinking water for 6.7 million people in Pennsylvania could be at risk of radioactive contamination from a leak or accident at a local nuclear power plant, says a new study released today by the Pennsylvania Public Interest Research Group (PennPIRG) Education Fund.

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News Release | PennPIRG Education Fund | Tax

Tax Havens Used by Romney Cost Taxpayers Billions

With the heightened attention paid to Mitt Romney’s use of offshore tax havens, it is important to remember that tax havens are more than just an electoral issue. Tax havens are a serious policy matter that profoundly affects ordinary Americans, our economy, our national debt and our long-term competitiveness.

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News Release | PennPIRG Education Fund | Democracy, Tax

Thirty Fortune 500 Companies Paid More to Lobby Congress Than They Did in Federal Income Taxes, PennPIRG Study Shows

PHILADELPHIA, Jan. 18 – With the second anniversary approaching of the Supreme Court’s decision in the Citizens United case, which opened the floodgates to corporate spending on elections, PennPIRG and Citizens for Tax Justice reveal 30 corporations that spent more to lobby Congress than they did in taxes.

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Media Hit | Tax

Inquirer: Here's a tax holiday that we don't need

An army of lobbyists on Capitol Hill is trying to convince Congress that after stashing nearly $1.4 trillion offshore to avoid paying U.S. taxes, corporations should get a massive tax discount for bringing the money back to America.

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Media Hit | Tax

Trib-Revue: Civic Arena property declared blighted

Even a desirable Pittsburgh neighborhood such as Shadyside could qualify as blighted under a 1945 state law used to get public money for economic development, a local preservationist says.

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Blog Post | Consumer Protection

DON’T FREEZE OUR PUBLIC HEALTH AND CONSUMER SAFETY PROTECTIONS | Alana Miller

Last year, in the 175 days that the U.S. House of Representatives was in session, it passed more than 190 anti-regulatory bills. Putting profits over public safety and they are still at it. Next up is H.R. 4078, the “Regulatory Freeze for Jobs Act of 2012,” a bill that wrongly calls for a halt on all public health and consumer safety protections until the unemployment rate reaches six percent. The House Judiciary Committee is expected to mark up the bill today, Tuesday, March 20.

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Blog Post | Consumer Protection

50 YEARS AGO THIS WEEK, JFK USHERED IN MODERN CONSUMER PROTECTION ERAAlana MillerEd Mierzwinski

People of almost any age know a lot about the Kennedy administration with its optimistic beginnings and its sudden, tragic end. Yet many have probably never heard of one of JFK's important legacies -- his declaration that consumers have rights that deserve protection.

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Blog Post | Tax

Statement on White House Plan to Close Tax LoopholesAlana MillerPhineas Baxandall

Statement by Alana Miller, Program Associate for the Pennsylvania Public Interest Research Group in response to the White House announcement proposing to eliminate tax loopholes and preferences.

 

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Blog Post | Consumer Protection

Today, CFPB to announce overdraft fee investigation, unveil "penalty box" disclosure, possibly end $39 lattes | Ed Mierzwinski

Would you knowingly agree to pay a $35 fee each time you used your debit card at point of sale, simply to allow you to purchase a $4 latte with only $2 in your account? Even the banks didn't think so, that's why they made “standard overdraft protection” a feature of your checking account that you didn't need to choose. Banks also changed the default switch on debit and ATM cards to allow overdrafts

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Blog Post | Transportation

House Transportation Bill Strikes First as Tragedy, Then as Dangerous Farce Alana MillerPhineas Baxandall

With much fanfare and 854 days late, the U.S. House last week introduced bills to fund our nation's transportation system for the next five years. The new rules for spending $260 billion over five years would be tilted more toward highways with less going to buses, rail, biking and pedestrian trails. Given the nation's urgent need to reduce our addiction to oil, that in itself would have been a tragedy.

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