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Blog Post | Consumer Protection

Consumers Count: Five years of the CFPB standing up for consumers | Kathryn Lee

This week, the Consumer Financial Protection Bureau turns five years old! As part of our efforts to tell more people about the CFPB, we're cross-posting this video blog and comments written by Zixta Q. Martinez of the CFPB (check out the infographic at the end, too!).

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Letter: Protecting the FTC from Special Interest Attacks

While much of our work has been in defense of the Consumer Financial Protection Bureau (CFPB), we also support the efforts of the over-100 year old Federal Trade Commission.

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Blog Post | Consumer Protection

Delayed CFPB/Other Wall Street Reform Rollbacks Happening Today On House Floor | Ed Mierzwinski

Last month the House canceled floor consideration of the Financial Services and General Government Appropriations bill. FSGG is back on the floor today and tomorrow. We urge support of amendments to protect the Consumer Financial Protection Bureau (CFPB) but, since they won't pass, we urge a no vote on the bill. Here's an updated excerpt from my previous blog.

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Blog Post | Consumer Protection

Court Rejects PIRG-Opposed Swipe Fee Settlement With Visa/Mastercard | Ed Mierzwinski

Today, a panel of the U.S. Court of Appeals for the Second Circuit threw out a preliminary $7.25 billion settlement between Visa and Mastercard and any merchant accepting credit cards (including U.S. PIRG), ruling that despite that seemingly massive payment for past practices that the settlement gave inadequate relief to merchants going forward, as it essentially immunized the networks for any future illegal conduct while providing mostly illusory benefits. Since we accept credit cards from our members, we, joined by Consumer Reports, had formally objected to the settlement as consumer advocates who also happen to be merchant class members (most merchant associations also objected).

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Blog Post | Consumer Protection

House Launches Frenzy of Attacks on CFPB, Public Protections | Ed Mierzwinski

Today and tomorrow the House floor showcases a variety of special-interest backed bills designed to eliminate public protections and weaken financial reform. Action starts soon with an attempt to override the President's veto of legislation to wipe away a new Department of Labor rule designed to protect hard-earned retirement savings from Wall Streeters seeking their "share" of your own share. Then, the House will consider the massive FSGG Appropriations bill, which rolls back the independence and authority of the CFPB and other financial reforms. Finally, they've teed up a bill to eliminate the Supreme Court's long-standing "Chevron doctrine," which says that courts must defer to expert agencies in certain circumstances. Without the doctrine in place, polluters and wrongdoers will have more opportunities to challenge public protections.

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Macomb Daily: Trouble in Toyland Persists

Baby’s first train by Haba looks like fun with its colorful wooden boxcars that can be easily latched together by thin pegs. However, the wooden pegs can be easily swallowed, too. The pieces are only one centimeter longer than the choke test cylinder used to determine if a hazard warning should be put on a toy package

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News Release | PIRGIM Education Fund | Health Care

New Rules to Deliver Options for 32,800 Young Adults in Michigan

A provision of the new federal health care law that goes into effect today will allow 32,800 young adults in Michigan to remain on their parent’s health insurance plan until age 26, according to the Public Interest Research Group in Michigan (PIRGIM).

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Media Hit | Financial Reform

C-SPAN: Financial Regulation and Consumers

Ed Mierzwinski, U.S. PIRG Consumer Program Director, talked about the effects of the new financial regulations bill on consumers.

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Media Hit | Financial Reform

Washington Post: Senate panel passes sweeping financial-regulation bill

The Senate banking committee voted along party lines Monday to transform the regulation of financial markets, sending another piece of far-reaching legislation to the full Senate a day after Congress approved an overhaul of the nation's health system.

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News Release | PIRGIM | Health Care

Health Care Bill to Create Over 8,300 Michigan Jobs

As Congress and the White House are locked in the final negotiations over the health care reform bill, a new analysis from the consumer group Public Interest Research Group in Michigan (PIRGIM) finds that the legislation will mean between 8,300 and 13,300 more jobs in Michigan.

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Defend the CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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