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Media Hit | Financial Reform

Credit Bureaus’ Deal to Improve Accuracy ‘Huge’ for Consumers

(Bloomberg) -- Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York.[...] “It’s a sea change in the way the credit bureaus treat complaints,” said [U.S. PIRG's Ed] Mierzwinski. “The credit bureaus have been run by computers for years now. They’re going to have to hire more people and actually verify that what a creditor said is true.”

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News Release | U.S. PIRG | Consumer Protection

USPIRG Commends Department of Labor's Rule On Conflicted Retirement Advice

Today, we joined President Obama, Senator Elizabeth Warren, CFPB Director Rich Cordray, Labor Secretary Tom Perez and others at AARP as the President announced his strong support for a proposed Labor Department rule to close loopholes and to require Wall Street and other financial advisors to put consumers first when they give retirement advice. Wall Street has already launched a misleading attack. Read more to see our statement supporting the proposal, which will put billions of dollars back into retirement accounts.

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Media Hit | Transportation

Highway Expansion a Waste of Money

Maryland PIRG's op-ed in the Baltimore Sun responds to news of a crumbling bridge and $646 million state dollars that could be better spent.

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Blog Post | Consumer Protection

Coalition Launched To Protect Retirement Savings from Wall Street Loopholes | Ed Mierzwinski

We've joined AARP, the Consumer Federation of America, AFL-CIO, Americans for Financial Reform and other leading groups to support an imminent Department of Labor rule to require retirement advisors to put consumers first. Wall Street brokerages and insurance companies have already launched a fierce lobbying attack, since they've been using loopholes to put themselves first to the tune of an estimated $17 billion/year by pocketing what should be your retirement income.

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

U.S. PIRG Testifies Before FEC, Calls for Broader Disclosure, Closing Easy-to-Game Loopholes

The FEC held a public hearing today to consider updating campaign finance rules in the wake McCutcheon v. FEC. U.S. PIRG Education Fund's Dan Smith testified before the commission, calling to bring dark money expenditures into the light of day, and close loopholes that let big donors circumvent contribution limits.

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

Foreign Funds in American Elections

This week we learned that the U.S. Chamber of Commerce could be using money from foreign corporations to fund attack ads in our elections.

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News Release | U.S. PIRG Education Fund | Consumer Protection

Three Groups Urge FTC to Investigate “Wild West” of Online Data Collection

Three consumer protection organizations on Thursday filed a complaint with the Federal Trade Commission (FTC), demanding the commission investigate growing privacy threats in the “Wild West” online.

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

SpeechNow and RNC Cases Decided in ‘Win-Some Lose-Some,’ Day for Campaign Finance Reform

In a pivotal campaign finance decision today, the Republican National Committee’s challenge to the ban on soft money contributions to national parties was rejected by a three-judge panel.

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

Campaign Contributions Greasing the Wheels for New Highway Construction?

U.S. PIRG Education Fund’s new report, Greasing the Wheels: the Crossroads of Campaign Money and Transportation Policy looks at the 2008 transportation appropriations bill using data never before available, laying out the details of Congress’ earmark requests. The report, released on Thursday, also examines the campaign contributions from highway construction interests to both state and federal candidates.

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

Campaign Finance Rules That Regulate 527 Spending Overturned

A federal appellate court panel of 3 judges has overturned campaign finance rules that limit how some political action committees (PAC’s) spend money in campaigns. The U.S. Court of Appeals in Washington said that the regulations limit free speech rights to 527s.

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