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News Release | U.S. PIRG | Tax

Statement from U.S. PIRG about agency attempts to toughen up bank settlements

Statement regarding indications some federal agencies may reopen old banking settlements, as reported in yesterday’s New York Times. The SEC is similarly reportedly delaying the final execution of August’s announced $16.65 billion settlement with Bank of America while deliberating about issuing waivers that would soften regulatory repercussions of the deal.

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Media Hit | Tax

Too Big to Tax: Settlements Are Tax Write-Offs for Banks

“When people hear that this stuff is deductible, it just feels like adding insult to injury,” says Phineas Baxandall, a senior policy analyst and tax specialist at U.S. PIRG, a left-leaning consumer protection research group that has written reports on the tax deductions. “And when it’s not transparent, it’s shady.”

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Blog Post | Budget, Tax

It's Not Over Yet | Jaimie Woo

There are 12 days left before the 2014 election, and campaign efforts have hardly let up. Last-minute donations are flooding in, canvassers are knocking on doors, and organizations are registering young people to vote.

But after November 4, Congress will reconvene, and their work will be far from over.

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News Release | U.S. PIRG | Public Health

New Poll Reveals Overwhelming Majority of Doctors Concerned About Antibiotics Use on Healthy Food Animals

The overwhelming majority of doctors -- a total of 93 percent -- are concerned about the common meat industry practice of using antibiotics on healthy animals for growth promotion and disease prevention, according to a new poll released today commissioned by Consumer Reports and released by Consumers Union and U.S. PIRG.

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Report | U.S. PIRG and Consumers Union | Public Health

Prescription For Change

Our September 2014 survey of physicians paints a grim picture of the growing problem of antibiotic-resistant infections. The overwhelming majority of surveyed doctors reported that one or more of their patients had been diagnosed with a presumed or confirmed case of a multi-drug resistant bacterial infection in the past twelve months. They also expressed concern about the use of antibiotics in livestock production facilities on healthy animals in order to promote growth and prevent disease.

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News Release | U.S. PIRG | Financial Reform

U.S. PIRG Applauds CFPB Proposal To Regulate Biggest Credit Bureaus

“Last summer over 10,000 PIRG members submitted comments to the Consumer Financial Protection Bureau (CFPB) urging strict regulation of credit bureaus and credit scoring firms. We applaud the CFPB for its proposal today to subject the nation’s largest credit bureaus and credit scoring firms to full scrutiny as “larger participants” (CFPB pdf) in the financial marketplace."

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News Release | U.S. PIRG | Higher Ed

College Affordability a Priority in Obama’s Budget

With the student loan interest rate about to double this July, President Obama proposed to halt the rate hike in his FY 2012 budget released today. “In this economy, the last thing we should do is double the interest rates on student loans.  Graduates already face high debt levels made worse by an uncertain job market,” said Rich Williams, Higher Education Advocate for US PIRG.  “Students and families need what the President offers in this budget, which is to keep interest rates low and provide more Pell Grant funding for students.”

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News Release | U.S. PIRG | Financial Reform

Robo-Signing Settlement With Big Banks Is Important Step

Today's settlement by the U.S. and 49 state attorneys general with the 5 biggest mortgage servicers - the big banks Citibank, Bank of America, Wells Fargo and JP Morgan Chase, along with Ally Financial - is an important and enforceable first step toward holding the big banks accountable for not only wrecking the economy but using a variety of unfair foreclosure practices to ruin the lives of millions of Americans and, in many cases, taking their homes illegally.

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Media Hit | Democracy

MSNBC: "Auctioning Democracy"

Host Chris Jansing and guests Rana Foroohar of Time Magazine, Ben White of Politico, and Richard Lui of MSNBC discuss U.S.PIRG and Demos's "fascinating" new report "Auctioning Democracy: the Rise of Super PACs and the 2012 election" on today's episode of Jansing & Co.

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

Release of New Report: Auctioning Democracy

This Wednesday, February 8, Demos and U.S. PIRG are holding a press call to release a new and comprehensive analysis of Federal Election Commission data on Super PACs, from their advent in 2010 through the end of 2011. This new report, “Auctioning Democracy: The Rise of Super PACs and the 2012 Election,” details FEC data findings, lays out actionable recommendations for all levels of government, and provides vivid new infographics (for use with attribution) that illustrate the damage dealt by Super PACs.

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DEFEND THE CFPB

Tell your representative to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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