Home

What's New

Blog Post | Consumer Protection

House holds stacked hearing to attack retirement savings rule proposal | Ed Mierzwinski

The House Financial Services Committee is holding a typically stacked hearing -- one consumer-side witness against four Wall Street-backed lobbyists  -- to attack the important retirement savings rule proposed by the Department of Labor. The rule simply requires retirement advisors to put the customer's needs  -- not their own compensation -- first.

> Keep Reading
Blog Post | Consumer Protection

Court Reinstates Case Against Bank That Aided Senior Citizen Fraud | Ed Mierzwinski

This week, the 3rd Circuit, U.S. Court of Appeals overturned a lower court decision that had denied class action status to victims of a scheme targeting senior citizens who were suing Zions Bank and its payment processor affiliates for aiding the fraudsters. U.S. regulators led by the Department of Justice have been fighting this and similar schemes, yet powerful special interests have managed to create a false narrative in Washington, DC that has been picked up by opponents of consumer protection laws. They falsely claim that the government's target is "legitimate" payday lenders and gun dealers. Wrong, the target is financial crimes against consumers, many consumers.

> Keep Reading
Blog Post | Consumer Protection

IRS Admits Data Breach Worse Than Thought, Will Congress Do Wrong Thing Anyway? | Ed Mierzwinski

This week, the IRS has admitted that thieves accessed the personal information -- enough to allow them to take your tax refund -- of an additional 220,000 taxpayers, on top of the 114,000 reported in May. Meanwhile, we remain  concerned that Congress will use continued publicity about the Target breach and other breaches as an excuse to pass dangerous data security legislation. Dangerous? Yes, because it would only protect against limited financial identity theft harms, but eliminate stronger state protections against the harms posed by the IRS breach, the health insurance breaches and the OPM breach.

> Keep Reading
Blog Post | Consumer Protection

House To Vote On Godzilla-Sized Rule Blocker, As Financial Committee Considers Smaller Rollbacks | Ed Mierzwinski

UPDATED: REINS Approved, near party line vote. Today, the House Financial Services Committee takes up a package of smaller rollback bills, many of which are opposed by Americans for Financial Reform and the PIRGs. Meanwhile, the House will bring up the Godzilla of all anti-health and safety bills, the REINS Act. Fortunately, the President has promised a veto.

> Keep Reading
News Release | U.S. PIRG | Consumer Protection

Over 7,000 Comments Submitted to Department of Labor

Every year, over $17 billion is lost from retirement savings to fees and charges, according to the Council of Economic Advisors. Today, we submitted over 7,000 PIRG member comments urging the U.S. Department of Labor to finalize a strong rule requiring retirement advisors to put the interests of their customers first. We also submitted a detailed expert comment of our own in the important "conflicted advice" rulemaking.

> Keep Reading

Pages

Media Hit | Democracy

Will aggressive registration bring young voters to polls?

Experts question whether voter registration efforts will translate into voters turning out at the polls. While turnout among voters ages 18 to 24 surged to the highest level in a decade in 2004, it still stayed below 50 percent.

> Keep Reading
News Release | Florida PIRG | Consumer Protection

Consumer Groups Applaud House Passage of Strong Product Safety Bill; Urge Senate to Pass Reform Measure this Week

Today, consumer, public interest and scientific groups applaud the U.S. House of Representatives for passing strong product safety reform legislation that would overhaul the Consumer Product Safety Commission (CPSC).

> Keep Reading
News Release | Florida PIRG | Transportation

U.S. House addresses high gas prices by investing close to $2 billion in public transportation

Responding to record-high gas prices and the rising use of public transportation, the House of Representatives today passed HR 6052, the Saving Energy through Public Transportation Act, by a vote of 322 to 98 which authorizes 1.7 billion dollars to transit agencies across America to expand services and reduce fares. It is projected that over $80 million would be directed towards projects in Florida.

> Keep Reading
News Release | Florida PIRG | Transportation

New Report Shows Americans Are Squandering Stimulus Checks at the Gas Pump and Calls for More Public Transit

Without sufficient alternatives to driving, American families spent their entire economic stimulus check on high-priced gas.  According to new analysis from the Florida Public Interest Research Group, since President Bush signed the tax rebates into law on February 13th, the average household spent over $1500 filling their tanks. Gas costs were higher than average in areas without robust public transportation.

> Keep Reading
Media Hit | Democracy

Battle over amending Florida Constitution rages on

 Anyone who thought the long, nasty fight over amending Florida's constitution had ended should think again.

> Keep Reading

Pages

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.

Support Us

Your donation supports Florida PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up-to-date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code