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Video Blog | Consumer Protection

Last Week Tonight with John Oliver: The retirement industry is a minefield -- but here’s the answer

In this week’s episode of “Last Week Tonight,” host John Oliver called out three main problems hurting consumers when it comes to retirement: First, financial advisers aren’t currently required to work in their clients’ best interest. Second, high fees compound over time. Third, actively managed investment funds aren’t the answer. 

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News Release | U.S.PIRG | Consumer Protection

Strong National Payday Rule Could Save Consumers Billions

Today, the Consumer Financial Protection Bureau (CFPB) released its draft high cost small dollar lending (payday and auto title) loan rule for public comment. 

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LATimes: Obama's consumer protection legacy defined by aggressive agency

[This weekend, the Los Angele Times chronicled President Obama's consumer protection record, with heavy emphasis on the history and fight over the Consumer Financial Protection Bureau (CFPB):]

"[...] Launched in the wake of the 2008 financial crisis, the bureau is one of President Obama’s signature accomplishments. [...] “I think you have to consider him a tremendous president for consumers,” said Ed Mierzwinski, consumer program director at the U.S. Public Interest Research Group."

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Blog Post | Transportation

A World Without Carbon Pollution – Closer Than You Might Think | John Olivieri

For many, a world without carbon pollution seems like a distant utopia. To some, this even seems unobtainable. The size and scope of the challenge before us can be daunting, yet, there is good news -- a world without carbon pollution is closer than you think.

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Blog Post | Consumer Protection

As CFPB Escalates Drive Toward Protections, Study Finds CFPB Enforcement Works | Ed Mierzwinski

This month the CFPB issued its proposed rule prohibiting class action bans in small-print mandatory arbitration clauses; in June it is expected to release its high-cost small dollar lending (payday and auto title loan) proposed rule. Meanwhile, as CFPB's industry opponents hide behind astroturf front groups and Congressional opponents use backdoor attacks, a law professor has released a major report finding that "from its inception [in 2011] through 2015 the agency had a 122-and-0 track record in its publicly announced enforcement actions" and that 93% (over $10.5 billion) of funds recovered for consumers have been for deceptive practices -- "[f]ar from a novel legal theory."

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News Release | Florida PIRG | Consumer Protection

Statement by Brad Ashwell in Response to Gov. Crist’s Veto of SB 1171 - A Bill Designed to Eliminate Insurance Rate Regulation

“Today Governor Crist sided with consumers by standing up to the insurance industry and vetoing legislation that would have allowed the largest companies to charge excessive rates without any state oversight.”

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News Release | Florida PIRG | Safe Energy

New Report: Building New Nuclear Plants is a Bad Investment

New Florida PIRG report shows that dollar for dollar, a clean energy portfolio can produce more energy than nuclear power.

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News Release | Florida PIRG | Transportation

Statement by Brad Ashwell on contents of the federal economic stimulus package

The House Appropriations Committee today released details of an Economic Recovery package negotiated by the House, Senate, and incoming administration. The transportation part of this bill would take a small step in the right direction where bold strides are needed. 

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News Release | Florida PIRG | Transportation

New Study: Red Flags in Florida’s Transportation Stimulus Wish List

A new study of the states’ Departments of Transportation (DOTs) wish lists, recently submitted to Congress for funding under a new economic recovery package, suggests that current project list would undermine efforts to repair and modernize our deteriorating infrastructure and reduce U.S. dependence on oil.

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News Release | Florida PIRG Education Fund | Consumer Protection

Florida PIRG Alerts Shoppers to Hidden Toy Hazards

Hazardous toys are still sold in stores across the country, despite a new law overhauling the nation’s product safety watchdog agency, according to the 23rd annual toy safety survey released today by the Florida Public Interest Research Group (Florida PIRG). The group also warned that the Consumer Product Safety Commission (CPSC) is taking actions to delay one of the new law’s toxic toy protections indefinitely.

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