Ed's Blog

Financial Choice Act: A Cruel Choice for the CFPB & Consumers

By | Ed Mierzwinski
Consumer Program Director

This week, on Wednesday 4/26, the House FInancial Services Committee holds a hearing on Chairman Jeb Hensarling's Financial Choice Act 2.0. It's a brutal un-do of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that forgets, or ignores, the historical fact that reckless bank practices abetted by loose regulators wrecked our economy in 2008. A key goal of the proposal is to weaken the successful CFPB into an unrecognizable husk incapable of protecting consumers.

Some Tips To Protect Internet Privacy

By | Ed Mierzwinski
Consumer Program Director

You may have heard that Congress just voted to take away many of your online broadband privacy protections. After a little background, we will give you some tips on how to protect what’s left.

US, European Consumer Groups Holding Public Events In DC This Week

By | Ed Mierzwinski
Consumer Program Director

The PIRG-backed TransAtlantic Consumer Dialogue (tacd.org) -- a forum to ensure that trade policies serve consumers -- holds its 17th Annual Meeting in Washington on Tuesday 21 March. The public main event is titled: "A consumer agenda for transatlantic markets: safeguarding protections and making progress in times of political change." On Wednesday, the group sponsors two public side events: (1) Consumer Health, Consumer Action and Antimicrobial Resistance and (2) Empowering and Protecting Youth in the Big Data Era.

If the CFPB Is Weakened, Won’t the Credit Bureaus Run Amok (Again?)

By | Ed Mierzwinski
Consumer Program Director

The CFPB is doing incredible work defending consumers. You may not know how much of that work involves cleaning up the sloppy credit bureaus. Congressional and special interest attacks on the CFPB will slow all or stop all CFPB work. It will let the bureaus run amok, again, placing your credit score and financial opportunity and job prospects at risk.

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