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News Release | U.S. PIRG | Consumer Protection

Executive Orders Threaten CFPB, Other Critical Wall Street Reforms

The President is expected to sign Executive Orders today designed to re-rig the financial system by dismantling critical Wall Street reforms, including to weaken the Consumer Financial Protection Bureau. Our statement in opposition is below.

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Blog Post | Democracy

Call your representative and senators every day. Here's how. | Andre Delattre

There’s a lot unfolding in Washington, D.C., right now, and you may be wondering: “What can I do to voice my concerns?”

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News Release | U.S. PIRG | Consumer Protection

PIRG, Consumer Advocates Join Fight to Protect CFPB in Court

Today, U.S. PIRG, Americans for Financial Reform, The Leadership Conference on Civil and Human Rights, the Center for Responsible Lending, Self-Help Credit Union and Maeve Elise Brown, who chairs the CFPB Consumer Advisory Board, filed a motion with the DC Circuit, US Court of Appeals for leave to intervene in PHH vs. CFPB, a lawsuit challenging the CFPB's single-director structure. Today, Senator Sherrod Brown (OH) and Rep. Maxine Waters (CA), ranking members of the Senate Banking and House Financial Services Committees, also filed a similar motion. Earlier this week, 17 state Attorneys General filed a similar motion on behalf of their citizens. 

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Blog Post | Consumer Protection

This week, CFPB Sues TCF Bank for overdraft schemes and loan servicer Navient for "failing" students | Ed Mierzwinski

Despite an escalation of threats to exterminate the Consumer FInancial Protection Bureau, CFPB continues to protect consumers well. This week it sued TCF Bank over deceptive overdraft marketing schemes and it sued Navient, the student loan servicer and Sallie Mae spinoff, for "failing" students at every step of the repayment process. The TCF complaint notes that its CEO brazenly named his boat "Overdraft."

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Blog Post | Consumer Protection

CFPB Report Finds 1 In 4 Consumers Feel "Threatened" By Debt Collector Tactics | Ed Mierzwinski

We joined Consumer Financial Protection Bureau Director Richard Cordray and Washington, DC Attorney General Karl Racine for release of new CFPB data on debt collector abuses. Fully 1 in 4 consumers feel "threatened" by abusive, possibly illegal, debt collector tactics. The release also included an emphasis on problems with the "debt buyer" industry, comprised of firms that buy older, uncollected debt for as little as less than a penny on the dollar.

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Lansing State Journal: Health and safety regulations are no joking matter

"Out of context, some government regulations can certainly seem humorous. But the ability of government agencies to create health and safety regulations is a deadly serious matter."

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News Release | PIRGIM | Tax

New Legislation Would Close Corporate Tax Loopholes, Save Taxpayers $155 Billion

“The CUT Loopholes Act, introduced by Senators Carl Levin and Kent Conrad, goes a long way in making sure corporations play by the same rules as ordinary taxpayers."

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News Release | U.S. PIRG | Transportation

House Transportation Bill is a Step Backwards, Lacks a Serious Funding Mechanism

“America needs serious transportation reform. While the recent Senate transportation bill failed to move the ball forward on needed transportation reform, today’s House bill takes big strides in the wrong direction."

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News Release | PIRGIM Education Fund | Safe Energy

Nuclear Power Plants Threaten Drinking Water for 1.5 Million Michiganders

The drinking water for over 1.5 million people in Michigan could be at risk of radioactive contamination from a leak or accident at a local nuclear power plant, says a new study released today by the Public Interest Research Group in Michigan Education Fund and the Environment Michigan Research and Policy Center. 

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Media Hit | Tax

MLive.com: Three Fortune 500 companies in Michigan spent more on lobbying than they paid in taxes

Three Fortune 500 companies headquartered in Michigan spent more on lobbying in recent years than they paid in federal taxes, according to a new study released today by the Public Interest Research Group.

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