Blog

New TIFIA Rules Will Hurt the Public

By | Phineas Baxandall
Senior Analyst for Tax & Budget Policy

This commentary, cross-posted on the National Journal Transportation Expert blog, explains why the new rules for the greatly expanded federal transportation loan program will encourage private toll roads at the expense of transit and everything else because it ignores the important indirect costs and benefits of transportation investments.

A Bloomberg columnist is reporting that the securities industry's self-regulator FINRA has fired 3 arbitrators who ruled against BofA's Merrill Lynch in favor of a presumably grievously ripped-off investor (they rarely win). It's time for both the SEC, for investors, and the CFPB, for consumers, to step up and use their Wall Street Reform and Consumer Protection Act powers to ban forced arbitration.

Happy 106th birthday to two landmark food safety laws!

By | Nasima Hossain
Public Health Advocate

This week marks the 106th anniversary of the passage of the Pure Food and Drugs Act and the Federal Meat Inspection Act, two landmark pieces of consumer based legislation which established the modern food protection system as we know it.

Payday lenders seek "get out of regulation free" card

By | Ed Mierzwinski
Consumer Program Director

Triple-digit APR payday lenders are spending some of their massive profits on a bad legislative proposal, HR 1909, to eliminate any oversight by either state governments or the Consumer Financial Protection Bureau and move them into the arms of the industry-friendly federal bank regulator known as the OCC. Being regulated by the OCC has been a "get out of regulation free" card for the banks, so why not join them?

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