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News Release | U.S. PIRG | Tax

Taxpayers could be burdened with Bank of America’s upcoming Justice Department settlement

To understand how significant the BoA settlement really is, people need to ask how many billions the bank is allowed to write off as tax deductions, and how much of the announced figure includes ‘fake costs’ — costs the bank would have incurred anyway to protect its bottom line.

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Blog Post | Consumer Protection

Wall Street launches "pants-on-fire" attack on CFPB | Ed Mierzwinski

The Financial Services Roundtable, a powerful Wall Street lobby that spends millions of dollars annually lobbying on behalf of its big Wall Street bank members has launched a deceptive social media campaign against expansion of the CFPB's successful public consumer complaint database. And like much of what you read on the Internet, most of what they say simply isn't true.

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Media Hit | Tax

Charlotte Observer top article features settlement loophole

Feature article quotes U.S. PIRG to discuss how banking giant may leave taxpayers with part of the bill for their mortgage abuses.

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Report | U.S. PIRG | Public Health

Ending the Overuse of Antibiotics in Livestock Production

Able to combat potentially lethal illnesses such as pneumonia, bacterial meningitis, rheumatic fever and even life-threatening infections developed from simple scrapes or surgery, antibiotics have saved millions of lives and are one of our most important public health tools. Despite their significance, however, overuse and misuse threatens the efficacy of these precious drugs. Among the biggest abuses, often antibiotics are given to healthy animals as a production tool, and not to treat illness.

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Blog Post | Higher Ed

Senate Banking Committee On Student Loans and Campus Cards | Ed Mierzwinski

Last week the U.S. Senate Banking Committee heard recommendations on campus banking and student loan issues from student advocates, including U.S. PIRG Higher Education Program Director Christine Lindstrom. The hearing also featured a spirited exchange between Senator Elizabeth Warren (MA) and a bank witness concerning the failure of private student lenders to give student-consumers more options to re-finance or defer their loans, including in cases of extreme undue hardship, such as when the borrower dies suddenly.

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News Release | U.S. PIRG | Democracy

New Jersey Legislature Formally Calls for a Democracy Amendment

Today, New Jersey became the ninth state to officially go on record in favor of a constitutional amendment to overturn the Supreme Court’s Citizens United decision and get big money out of our elections.

The passing of New Jersey’s resolution moves us one step closer towards correcting the Court’s disastrous misinterpretation of the first amendment and to ensuring that the voices of ordinary citizens aren’t drowned out by special interests.

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Media Hit | Higher Ed

Average student loan debt rises to $26,600 for class of 2011

"Increasing student debt in a weak economy can be a knock-out blow to many considering college," said Rich Williams, higher education advocate with U.S. Public Interest Research Group, which advocates for students. "As our economy is recovering, lawmakers must send every signal that college is a good investment. "
 

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News Release | U.S. PIRG | Democracy

Press Conference: Celebrating 100 Years of Secrets and Lies

One of the biggest post-Citizens United dark money spenders in this year's election is the U.S. Chamber of Commerce. Despite trying to pass itself off as representing mom-and-pop small businesses, the U.S. Chamber's corporate funding has enabled it to become the second biggest outside spender to date and to pledge to spend up to $100 million in races across the country. Yet the U.S. Chamber will not disclose to the electorate the sources of its funding, denying citizens the opportunity to judge the credibility of its messaging. The U.S. Chamber exemplifies the unaccountable secret spending of the post-Citizens United landscape.

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Media Hit | Financial Reform

JPMorgan Chase is sued in 2008 Bear Stearns mortgage case

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News Release | U.S. PIRG | Consumer Protection, Higher Ed

As Fall Financial Aid is Disbursed, Senator Issues Urgent Warning to Students Using Campus Debit Cards

Senator Sherrod Brown (OH), Chairman of the Senate Banking Subcommittee on Financial Institution and Consumer Protection, issued an urgent warning to students receiving financial aid in the next two weeks that predatory bank fees can quickly cut into their college money.

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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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