Updates

Report | U.S. PIRG Education Fund | Budget, Tax

The Hidden Cost of Offshore Tax Havens

In 2011, states lost approximately $39.8 billion in tax revenues from corporations and wealthy individuals who sheltered money in foreign tax havens. Multinational corporations account for more than $26 billion of the lost tax revenue, and wealthy individuals account for the rest.

Will Consumers Face Credit Card Surcharges? No.

By | Ed Mierzwinski
Consumer Program Director

On behalf of the big banks, the credit card companies Visa and Mastercard charge unfair fees to merchants. Some are speculating that as a result of a court settlement over these "swipe fees" that consumers will end up paying more when they make a credit card purchase. We don't think surcharging will spread. Here's why.

News Release | U.S. PIRG | Consumer Protection

Consumer Groups Call on President and Congress to Pursue Strong Consumer Agenda

In joint letters to President Obama and Congressional leaders, eight of the nation’s leading consumer organizations urged policymakers to pursue a strong, robust agenda of consumer reforms.

News Release | U.S. PIRG | Higher Ed

CFPB Announces Further Investigation of Campus Debit Card and Student Loan Disbursement Practices, Asks for Student Stories

Banks and other financial firms contracted to disburse federal financial aid often charge high and unfair debit card fees. U.S. PIRG applauds the CFPB for redoubling its efforts today to protect students from being nickel-and-dimed out of their financial aid money.

Pittsburgh Post-Gazette: New Fees in the Cards from Credit Companies

Despite some new fees, cardholders are much better off then they were before protections ushered in by the card act, said Ed Mierzwinski, consumer program director for the U.S. Public Interest Research Group in Washington, D.C.

News Release | U.S. PIRG | Financial Reform

U.S. PIRG Commends President for Renomination of Richard Cordray to Head CFPB

The CFPB is the nation's first financial regulator with only one job — to protect consumers in the marketplace. The Senate should reject demands by opponents of consumer protection to condition Cordray's approval on the gutting of the agency's authority or on the removal of its independent funding.

Report | U.S. PIRG Education Fund | Budget, Tax

Transparency in City Spending

The ability to see how government uses the public purse is fundamental to democracy. Transparency in government spending checks corruption, bolsters public confidence, improves responsiveness, and promotes greater effectiveness and fiscal responsibility.

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.

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.

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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Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Food and Drug Administration to put an end to the worst practices.

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