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Blog Post | Food

EU-US Consumers Hold Meeting on Trade Threats | Ed Mierzwinski

Updated: On Tuesday, 24 June, U.S. and European Union members of the Trans Atlantic Consumer Dialogue (TACD.org) hold our 15th annual meeting, in Washington, DC. The capacity crowd (but the event will be live-streamed) will hear government and consumer experts debate whether the proposed Transatlantic Trade and Investment Partnership (TTIP) is good for consumers, or threatens strong health, safety and privacy laws while unwisely granting corporations some rights and powers of sovereign nations.

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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.

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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.

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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.

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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.

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News Release | U.S. PIRG | Higher Ed

Senators Block Bill to Keep Student Loan Interest Rates from Doubling on July 1

 [WASHINGTON, D.C.] – “We are deeply disappointed that Senators blocked a bill to keep the interest rates on Stafford student loans from doubling. 

“Recently, student loan debt surpassed $1 trillion – even greater than total credit card debt.  

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

First-of-its-kind “Refrain From Political Spending” Resolution to Be Voted on at Bank of America Shareholder Meeting Wednesday

On Wednesday, May 9, shareholders at Bank of America will vote “yea” or “nay” on a first-of-its-kind “refrain from political spending” resolution. Resolutions addressing political spending are among the most popular in the 2012 shareholder season, many dealing with disclosure of such spending. This is the first shareholder season for this groundbreaking resolution which was introduced by socially responsible investment firms Trillium Asset Management at Bank of America and 3M Corporation and by Green Century Capital Management at Target Corporation.

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

U.S. PIRG, Coalition Partners Break Record for Comments to the SEC

A record number of people agree: The Securities and Exchange Commission (SEC) should regulate corporate political spending.

As of today, more than 178,000 comments have flowed into the agency, thanks largely to the unique bedfellows in our Corporate Reform Coalition, which includes institutional investors managing a combined total of $800 billion in assets, as well as public officials, legal scholars, good government groups, environmental organizations and more. This is a huge milestone: We have set the all-time record for comments submitted to the SEC.

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News Release | U.S. PIRG | Higher Ed

Broad Coalition Urges Congress to Prevent Doubling of Student Loan Interest Rates

Today, a broad coalition of student, education, faith, business, labor, consumer protection and school administrator groups and associations sent a letter to Republican and Democratic leaders urging action to prevent the doubling of interest rates on student loans.

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

U.S. PIRG Calls on FEC to Allow Campaign Contributions via Text Message

On Monday, U.S. PIRG, along with nine other prominent government reform groups, submitted a comment on a request for an advisory opinion at the Federal Election Commission in support of the agency allowing small-donor campaign contributions via text message in time for the 2012 election.

“Allowing text message contributions could help engage first-time and young voters in the campaign finance system and promote small donor engagement to push back against the flood of big money we are already seeing in 2012,” commented Blair Bowie, U.S. PIRG Democracy Advocate.

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