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Rich Cordray of CFPB to testify today on consumer protection

By | Ed Mierzwinski
Consumer Program Director

The newly Presidentially-confirmed director of the CFPB, the nation's first financial regulator with just one job -- protecting consumers -- goes before a House Oversight and Government Affairs subcommittee today at 1:30 pm (live video).

Today's unanimous Supreme Court decision in United States v. Jones (docket 10-1259), read most narrowly, merely says: "We hold that the Government’s installation of a GPS device on a target’s vehicle, and its use of that device to monitor the vehicle’s movements, constitutes a “search.” That means the government should be careful to obtain valid warrants and comply with the Constitution's 4th Amendment limits on "unreasonable searches and seizures. But the Court offered tantalizing clues to its thinking that, in the modern electronic age, reasonable expectations of privacy warrant a review of Government -- and even third party -- collection of information.

The "Dirty Thirty" Corporations that Spend More on Lobbying than Taxes

By | Phineas Baxandall
Senior Analyst for Tax & Budget Policy

Two years ago the Supreme Court's misguided Citizens United decision struck down long-standing Congressional limits on the political power of large corporations by vastly expanding the legal metaphor that "corporations are people." Now there is fresh evidence that corporate influence over Congress makes it easy for those same corporations to avoid their civic duty of paying taxes.

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