Home

What's New

Blog Post | Financial Reform

CFPB Faces A "Death of a Thousand Cuts" Today | Ed Mierzwinski

(UPDATED Again on 6/11) Today, the U.S. House Financial Services Committee considers a package of over a dozen anti-consumer, anti-investor, anti-taxpayer bills. The worst of the 9 bills targeted at the CFPB eliminates its ability to compensate victims of so-called "last-dollar" financial fraudsters.

> Keep Reading
News Release | U.S. PIRG Ed Fund & Citizens for Tax Justice | Budget, Tax

Study: 70% of Fortune 500 Companies Used Tax Havens in 2013

Tax loopholes encouraged more than 70 percent of Fortune 500 companies to maintain subsidiaries in offshore tax havens as of 2013, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund and Citizens For Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 62 percent of the total, or $1.2 trillion.

> Keep Reading
Report | U.S. PIRG Ed Fund & Citizens for Tax Justice | Budget, Tax

Offshore Shell Games 2014

Tax loopholes encouraged more than 70 percent of Fortune 500 companies to maintain subsidiaries in offshore tax havens as of 2013, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund and Citizens For Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 62 percent of the total, or $1.2 trillion.

> Keep Reading
Blog Post | Financial Reform

On Memorial Day, Thank Servicemembers and Veterans and Thank the CFPB for Protecting Them | Ed Mierzwinski

On this Memorial Day, celebrate servicemembers and veterans. It's important that the CFPB has their backs, since predatory lenders are after their wallets.  As I often say, the idea of the CFPB needs no defense, only more defenders.

> Keep Reading
News Release | U.S. PIRG | Financial Reform

New Federal Bills Would Protect Students From High-Cost Campus Bank Accounts

Yesterday, House and Senate lawmakers introduced bills that would protect college students from being needlessly steered into campus bank accounts — accounts that often drive up students’ costs and deplete their financial aid. U.S. PIRG warned that if we the Department of Education can't protect students from high campus debit card fees, then we will "pursue this strong alternative approach put forth from the Hill.”

> Keep Reading

Pages

News Release | U.S. PIRG | Democracy

On Argument of McCutcheon v. FEC, Democracy Groups Call for Constitutional Amendment

As the Supreme Court prepares to hear oral arguments in McCutcheon v. FEC, U.S. PIRG and seven other pro-democracy groups are speaking out on the urgent need for amending the Constitution to protect the integrity of our democracy.

> Keep Reading
Media Hit | Budget, Tax

The $4 Billion Question: Do We Value JPMorgan More Than Consumer Protection?

Is $4 billion in taxpayer money better spent subsidizing JPMorgan's alleged criminal activity or funding the federal agency charged with defending consumers from dangerous financial products?

> Keep Reading
News Release | U.S. PIRG | Consumer Protection, Financial Reform

CFPB Report Confirms 2009 Credit CARD Act Works to Protect Consumers

“Today’s CFPB report on the Credit CARD Act of 2009 confirms that the law has cleaned up the worst tricks and traps that riddled the credit card marketplace. Those traps saddled consumers with unfair penalty fees and high penalty interest rates, ultimately leading to massive and unsustainable credit card debt and even bankruptcies."

> Keep Reading
News Release | U.S. PIRG | Transportation

New Study Finds Technology Enabling Americans to Drive Less

In a first-of-its-kind study, U.S. PIRG compiled nation-wide evidence on transportation apps and vehicle sharing programs, and found that these advanced new tools have made it easier for Americans to drive less. Real-time apps and on-board wi-fi for public transit, as well as carsharing, bikesharing and ridesharing have spread rapidly in recent years while driving has declined. The report examines new evidence on how these practices are changing travel behavior.

> Keep Reading
News Release | U.S. PIRG | Democracy

Support for Amending the Constitution to Overturn Citizens United is Now One-Third of the Way There

Advocates are celebrating a significant milestone in the campaign for a constitutional amendment to overturn the U.S. Supreme Court’s 2010 ruling in Citizens United that opened the floodgates of money from corporations and the ultra wealthy into our political system. Support for the campaign now stands at one-third of what is needed for victory.

> Keep Reading

Pages

Report | U.S. PIRG Education Fund | Public Health

The Food Safety Net

Protecting the safety and integrity of the food supply is one of the oldest functions of government, one that the American people expect their government to perform and perform well. As federal agencies become increasingly under-funded and influenced by powerful corporate interests, the states’ role in maintaining the food safety net grows ever-more important.

> Keep Reading
Report | U.S. PIRG | Higher Ed

Paying Back, Not Giving Back

This report looks at the issue of unmanageable debt as it pertains to college graduates entering two critical public service careers: teaching and social work. Given increasing dependence on student loans, borrowers graduating from four-year schools and working in these two public service careers often carry more debt than they can manage. The prospect of burdensome debt likely deters skilled and dedicated college graduates from entering and staying in important careers educating our nation’s children and helping the country’s most vulnerable populations.

> Keep Reading
Report | U.S. PIRG Education Fund | Democracy

Raising the Limits

Using Federal Election Commission data on federal candidate fundraising from individuals, parties, and political action committees, we found that BCRA’s doubling of contribution limits did not deliver the promised benefit of more competitive elections and may be, in part, responsible for several harmful emerging trends. Races did not become more competitive; in fact, incumbents continued to out-raise challengers and win re-election at high rates.

> Keep Reading
Report | U.S. PIRG Education Fund | Public Health

Empty Pockets

After 25 years of experience, the Superfund program has evolved to protect Americans from toxic chemicals released when industry collides with nature, such as hurricanes and floods. The U.S. Environmental Protection Agency (EPA) now must use this experience to face its biggest challenge yet—cleaning up the toxic pollution left behind after Hurricane Katrina flooded the Gulf Coast. Unfortunately, funding shortfalls plague the Superfund program and may hinder its ability to respond to Hurricane Katrina and address the thousands of other polluted sites littered across the country.

> Keep Reading
Report | U.S. PIRG Education Fund | Public Health

Undisclosed Pollution

Since 1987, the Toxics Release Inventory (TRI) program has been the nation’s premiere pollution disclosure program. By requiring companies to disclose the pollution they release to our air, water, and land, transfer off site, or dispose in a waste dump, the TRI program has ensured the public’s right-to-know about toxic pollution in communities. The TRI program is under attack. The Bush Administration has issued a series of proposed changes over the past few years, some of which would weaken the program by reducing the amount or quality of information available to the public.

> Keep Reading

Pages

Blog Post | Democracy

Why Target is Still a Target

Two years ago, when Target’s CEO Gregg Steinhafel used corporate general treasury funds to support a group backing a candidate known for his outspoken anti-LGBT positions, it was more than a blemish on the reputation of a corporation that brands itself as progressive. That irresponsible contribution was a violation of both shareholder and public trust and, not surprisingly, it resulted in scandal and boycotts that threatened the assets of shareholders who never authorized the use of their money for political spending

Target learned first-hand what it should have already known: consumers and shareholders do not want corporations to muddy up our democracy by interfering with our elections, yet it has not yet adopted a policy against this spending. Today, at Target’s annual shareholder meeting in Chicago, shareholders will take a vote on a resolution to refrain from political spending to once again remind Target that corporate electioneering is bad for shareholders and is bad for democracy.

> Keep Reading
Blog Post | Consumer Protection

What Will JP Morgan Chase Chief Jamie Dimon Testify To Today? | Ed Mierzwinski

(UPDATED) At 10am, the U.S. Senate Banking Committee will ask JP Morgan Chase chief Jamie Dimon questions perhaps including "What did you know and when did you know it?" and "Did your $3 billion in gambling losses violate the Volcker rule against betting you rown (and the depositors') money?" We will be there, tweeting from @edmpirg.

> Keep Reading
Blog Post | Consumer Protection

Spokeo to pay $800,000 in FTC settlement: Sold social network data for employment uses | Ed Mierzwinski

(POST UPDATED): The data broker Spokeo has agreed to pay penalties of $800,000 over multiple violations of the Fair Credit Reporting and FTC Acts. It's important as the first FTC case over the "sale of Internet and social media data in the employment screening context."

> Keep Reading
Blog Post | Consumer Protection

Could portable bank account numbers ease moving your money? | Ed Mierzwinski

PIRG "Big Banks, Bigger Fees" reports have documented the many so-called "switching costs" problems consumers face when trying to move their money to a new bank (or credit union). Account number portability, which has worked well for phone company switching, could be a part of the solution.

> Keep Reading
Blog Post | Consumer Protection

Tell Jamie Dimon: "Leave the Fed" and Other Bank News | Ed Mierzwinski

JP Morgan Chase chief Jamie Dimon has been one of the leading opponents of strong bank regulations but still sits on the board of one of his bank's chief regulators-- the New York Fed --despite his bank's recent gambling losses. Help us tell Jamie: it's time to go. 

> Keep Reading

Pages

Priority Action

The overuse of antibiotics on factory farms is threatening these lifesaving medicines. Call on big restaurants to do their part and stop buying meat raised with critical antibiotics.

Support Us

Your donation supports U.S. PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code