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Current and former Fed officials urge greater efforts against risky big bank practices | Ed Mierzwinski

In the past week, two leading Fed officials issued stark warnings against risky practices of the big banks and called for greater oversight. Both Professor Alan Blinder, a former vice-chair of the Federal Reserve, and Richard Fisher, the current Dallas Fed president, called for solutions that match U.S. PIRG's reform platform.

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News Release | U.S. PIRG | Democracy

U.S. PIRG and Allies Mark Citizens United Anniversary, MLK Day With Dozens of Actions Across the Nation, New Data on Election Spending

This week U.S. PIRG joined with ally organizations to mark Martin Luther King, Jr. Day and the third anniversary of Citizens United v. FEC with events drawing attention to the dual threats of voter suppression and unlimited corporate and special interest money in politics. Under the banner of Money Out/Voters In, organizers are hosting “Day of Action” events in more than 76 cities in 33 states on and around the weekend of January 19.

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

"Billion-Dollar Democracy" The Unprecedented Impact of Big Money in 2012 Elections

It took just 32 billionaires and corporations giving Super PACs an average of $9.9 million apiece to match every single dollar given by small donors to Romney and Obama in the 2012 election cycle, according to “Billion-Dollar Democracy,” a new report by U.S. PIRG and Demos. Those small donations amounted to over $313 million from more than 3.7 million individuals.

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News Release | US PIRG Education Fund | Democracy

“Elections Confidential” Report Reveals Role of Dark Money Groups and Shell Corporations in 2012

Mystery donors poured hundreds of millions of dollars into the 2012 elections via dark money non-profit groups and shell corporations, despite widespread public support for disclosure and decades of legal precedent supporting the public’s right to know the sources of election-related spending. A new report from the U.S. PIRG Education Fund and the Center for Media and Democracy found that contributions from phony for-profit corporations accounted for nearly 17 percent of all business donations to Super PACs.

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Report | U.S. PIRG Education Fund | Democracy

Elections Confidential

“Elections Confidential” describes how secret donors poured hundreds of millions into the 2012 election through social-welfare groups that are really political vehicles and via shell corporations formed as conduits to hide a funder’s identity. The first post-Citizens United presidential election cycle was bought and paid for by a handful of wealthy donors, but the corrosive influence of money in politics was amplified by the fact that we don’t know who – or what – actually provided much of the funding.

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

Foreign Funds in American Elections

This week we learned that the U.S. Chamber of Commerce could be using money from foreign corporations to fund attack ads in our elections.

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News Release | U.S. PIRG | Democracy

California: Bill Creating Checks On Corporate Campaign Spending Introduced

Groups concerned about the influence of corporate money in politics held a press conference today in support of the Shareholder Protection Act by Assemblymember Pedro Nava. The bill would require corporations to let their shareholders opt out of having their money spent on political campaigns.

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News Release | U.S. PIRG | Consumer Protection

Consumer and Privacy Groups Warn Online Tracking at "Alarming Levels"

Warning that “tracking and targeting of consumers online have reached alarming levels,” a coalition of 11 consumer and privacy advocacy organizations today sent a letter to Congress outlining the protections any online privacy legislation must include.

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News Release | U.S. PIRG Education Fund | Consumer Protection

Three Groups Urge FTC to Investigate “Wild West” of Online Data Collection

Three consumer protection organizations on Thursday filed a complaint with the Federal Trade Commission (FTC), demanding the commission investigate growing privacy threats in the “Wild West” online.

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

SpeechNow and RNC Cases Decided in ‘Win-Some Lose-Some,’ Day for Campaign Finance Reform

In a pivotal campaign finance decision today, the Republican National Committee’s challenge to the ban on soft money contributions to national parties was rejected by a three-judge panel.

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