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Blog Post | Public Health

Victory: Subway Commits to Help Save Antibiotics | Steve Blackledge

Today, Subway announced a plan to phase out antibiotics from it's entire meat supply in response to mounting consumer demand for stronger action by the chain to help save antibiotics from overuse.

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News Release | U.S. PIRG | Democracy

Members of Senate Banking Committee, Former SEC Commissioner Urge Support for Disclosure

WASHINGTON, D.C. - U.S. PIRG commends Sen. Schumer, Sen. Merkley and Sen. Menendez as well as the Republican former Chair of the Securities and Exchange Commission William Donaldson, who today urged President Obama’s new nominees to the SEC to make a corporate political spending disclosure rule a priority during their time in office.

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Blog Post | Transportation

How Deadly are Your State’s Roads? | Sean Doyle

A new report by Michael Sivak and Brandon Schoettle at the University of Michigan Transportation Research Institute shows which states have the safest and most dangerous roads.  Here's how the states rank and what we can do about it.

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Blog Post | Transportation

The Shelter, the Fare, & the Bus: Three Options to Streamline Public Transit | Sean Doyle

When it comes to transportation, particularly public transportation, it can often seem like we’re stuck in the past – paying for a bus fare with cash or playing a guessing game with when the bus will arrive. But there are solutions to those problems available today. Here, the component parts of one such solution are broken down; individually, each would make using public transit easier, but in concert they could truly make a 21st century transportation system.

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Blog Post | Democracy

Super PAC Industry Grows 500% in Just Four Years

Five-hundred percent. According to a new report that’s how much spending by super PACs and outside groups has grown since the last presidential election. Across economic sectors, that kind of growth is unheard of.

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News Release | U.S. PIRG | Higher Ed

Statement on Today’s Senate Vote on Student Loan Interest Rates

Today, a minority in the Senate succeeded in blocking legislation to reverse the doubling of interest rates on subsidized Stafford loans for students who need to borrow for college this fall. There’s still time to reverse the rate increase for incoming students. Returning the rate to 3.4 percent is a vital first step to avoid further raising the cost of college for more than seven million students this year.

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News Release | U.S. PIRG | Public Health

US/EU Trade Negotiations Must Protect Consumers

With negotiators from the United States and European Union meeting for the first round of the Transatlantic Trade and Investment Partnership talks this week, U.S. PIRG called on them to resist special interest demands to eliminate important consumer health, safety, and financial protections. 

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News Release | U.S. PIRG | Democracy

Oregon is 16th State to Call to Overturn Citizens United

After a State Senate vote on July 1, Oregon became the 16th state to call for a constitutional amendment to overturn the Supreme Court’s Citizens United ruling and related decisions.

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News Release | U.S. PIRG | Higher Ed

Interest Rate Doubles for Seven Million Student Loan Borrowers

Due to Congressional inaction, the interest rate on federally subsidized student loans doubled today from 3.4 percent to 6.8 percent. The change will affect seven million students nationwide, and in total the rate increase will hike the cost of students' loans by $7 billion. However, because most new student loans are issued in August and September, Congress can still pass a retroactive fix.  

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News Release | U.S. PIRG | Tax

Oregon Legislature Closes Offshore Tax Loopholes

Oregon's legislature unanimously passed stand-alone legislation to address the growing problem of companies using offshore tax havens to dodge state taxes. The new legislation will treat income that companies list in tax haven countries as domestic income for Oregon tax purposes, saving the state millions in tax revenues.

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Blog Post | Consumer Protection

CFPB's Cordray testifies today in House FSC | Ed Mierzwinski

Consumer Financial Protection Bureau director Rich Cordray -- recess appointed by the president on January 4, continues his regular appearances before the Congress by testifying on the CFPB's budget (his written testimony (88 pages))  today before the House Financial Services Committee's oversight subcommittee at 10am Eastern. It should be webcast live at that link. Nearly all majority members of FSC oppose the CFPB's independent budget, even though all other bank regulators also have an independent budget, so we will see how it goes today.

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Blog Post | Financial Reform

We Tell the Financial Regulators: Don’t Let Big Banks Make Taxpayer-Backed Bets | Ed Mierzwinski

Last night, U.S. PIRG and the AFL-CIO joined Americans for Financial Reform in a detailed comment letter urging issuance of a strong Volcker rule. It's a 72-page pdf comment letter that basically comes down to this: We tell the financial regulators: don’t let big banks make taxpayer-backed bets.

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Blog Post | Financial Reform

CFPB To Visit NYC and More Consumer News of the Week, In Case You Missed It | Ed Mierzwinski

Just a few of the interesting consumer stories I am following this week: CFPB heads to New York to talk about checking accounts (Feb. 22)... Meanwhile, Citibank charged some consumers twice to pay bills only once (NYTimes)...Consumer groups call for a real recall of Bumbo baby seat (Boston Globe)...Mortgage settlement is a good first step (PIRG statement)...House opponents ratchet up attacks on new CFPB (WashPost)...Over-priced "Who will pay your credit card if you die, get sick or get laid off?" products pay out only 21 cents on the dollar (American Banker)...More on the CFPB's latest semi-annual report (St. Louis American)...PIRG, Demos document rise of the Super-PACS (MS-NBC)...And finally, "Enron" -- a musical theater production about corporate crime, re-opens in Washington State (The Olympian).

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Blog Post | Consumer Protection

PIRG, Others Urge CPSC Recall of Bumbo Baby Seat Due to Skull Fracture Risk | Ed Mierzwinski

Over at the CALPIRG blog, consumer advocate Jon Fox explains why CALPIRG, U.S. PIRG, Kids In Danger and other leading groups have asked the Consumer Product Safety Commission, in a letter, to recall the Bumbo baby seat. Previous remedial actions, including labeling the seat with warnings, haven't prevented an alarming number of injuries, including over thirty skull fractures.

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Blog Post | Consumer Protection

Encouraging news on HUD/state AG settlement with big mortgage servicers | Ed Mierzwinski

Update: The terms of the settlement, which was announced this morning, are at the page http://www.nationalmortgagesettlement.com. We are reading it now. Original: If I am reading the overnight news stories correctly (NY TIMES and Politico and Boston Globe), it appears that negotiators have clarified that the well-publicized settlement between HUD and state AGs and the nation's 5 largest mortgage servicers will not release the big banks from claims related to their activities with the mysterious entity known as MERS that aided and abetted their illegal foreclosures. If so, this is a big deal in ultimately holding the big banks fully accountable.

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