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News Release | U.S. PIRG | Tax

Regulators Disallow Tax Deduction for JPMorgan’s $1.7 Billion Settlement, Saving Taxpayers Close to $600 Million

Regulators saved taxpayers as much as $595 million by preventing JPMorgan from writing off its $1.7 billion payment for allegedly enabling Madoff Ponzi scheme

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News Release | U.S. PIRG | Tax

No Madoff Write-Off for JPMorgan

JPMorgan will reportedly pay a $2 billion settlement to resolve charges related to its role as the bank for Bernie Madoff's Ponzi scheme. Unless regulators prevent it, ordinary taxpayers may end up paying for as much as $700 million of that amount.

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An error in your credit report? Complain to the feds

A mistake in your credit report can have serious consequences. It can hurt your ability to get a credit card, qualify for a loan, rent an apartment or even be hired for a job.
Find an error in your file and you want it corrected – quickly. But that doesn’t always happen. What do you do then? Complain to the Consumer Financial Protection Bureau (CFPB).

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Blog Post | Consumer Protection

Retailers appeal swipe fee settlement with Visa/Mastercard | Ed Mierzwinski

Yesterday, big retailers filed an appeal of last month's announced final settlement order in an antitrust case involving price-fixing by Visa and Mastercard. PIRG backs the merchants because non-negotiable swipe fees force all consumers, including cash customers, to pay more at the store and more at the pump.

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Blog Post | Financial Reform

CFPB Gets Results for Consumers In December | Ed Mierzwinski

It's been a good month for consumers and a bad month for corporate crime, as the CFPB continued to hold financial firms accountable for unfair marketplace practices. Let's hope that in the New Year, banks and other financial companies get the message that cheating their customers is a bad business model.

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News Release | U.S. PIRG Education Fund | Transportation

Data Shows One out of every Nine Bridges in America Remain Structurally Deficient on Eve of Obama Bridge Speech

With President Obama calling for robust investments in repairing America’s crumbling roads and bridges today, State PIRGs released data today documenting the number of “structurally deficient” bridges in seven states.

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News Release | U.S. PIRG | Transportation

Obama: Put People to Work Rebuilding America

President Obama was right to call for bold new investments in our outdated transportation infrastructure. Fixing our roads and building new railways won’t just put thousands of unemployed construction workers back to work now; it will allow America to meet the demands of a competitive 21st century economy.

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News Release | U.S. PIRG | Transportation

President Obama Calls for Smart Infrastructure Investment to Create Jobs

Statement of U.S. PIRG Tax and Budget Associate Dan Smith on President Obama’s Rose Garden address on infrastructure and job creation.

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News Release | U.S. PIRG | Democracy

Senator Robert Menendez Introduces Shareholder Protection Act

Today's introduction of the Shareholder Protection Act is a simple yet powerful response to rein in unaccountable spending by corporate CEOs and others who lead public companies. The bill's simple yet potent provisions call for shareholders to determine whether the company should risk engaging in electoral politics.

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News Release | U.S. PIRG | Food

Representative Jeff Flake Introduces REAPS Act

Statement of U.S. PIRG Federal Legislative Office Director Gary Kalman on the introduction of the Reducing the Deficit through Eliminating Agriculture Direct Payment Subsidies Act.

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Priority Action

We're teaming up with big restaurant chains to stop the overuse of antibiotics on factory farms. Call on KFC to stop selling meat raised on routine antibiotics.

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