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News Post | Consumer Protection, Financial Reform

100+ Groups Oppose Provisions That Threaten Public Protections | Mike Litt

The White House is expected to release its fiscal year 2017 budget proposal tomorrow. U.S. PIRG and various state PIRGs joined a coalition of more than 100 groups that sent the following letter calling on President Barack Obama and all 535 members of Congress to oppose any federal appropriations bill that contains ideological policy riders. 

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News Release | U.S. PIRG | Democracy

Small donor program reshapes presidential fundraising, new report shows

Candidates in the 2016 presidential race would see a dramatic shift in fundraising success under a proposed small donor matching program, according to a new study by U.S. PIRG Education Fund.

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Report | U.S. PIRG | Democracy

Boosting the Impact of Small Donors, February 2016

Mega-donors and special interest groups have flooded this year’s presidential race with a record breaking sum of money. What would our elections look like if a small donor empowerment program were in place?

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Report | U.S. PIRG and Money in Politics Coalition | Democracy

Our Voices Our Democracy

On the verge of the most expensive election in U.S. history—and six years after the U.S. Supreme Court’s disastrous Citizens United decision—Americans are demanding a government that is truly by the people, where every voice is heard and every vote counts.

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News Post | Financial Reform

CFPB Criticizes Banks Re Account Opening and Overdrafts, Offers Consumer Tips | Ed Mierzwinski

Today, the CFPB is holding a field hearing in Louisville on problems consumers face when opening bank accounts. It finds that big banks frequently offer consumers expensive accounts where they risk overdraft fees instead of affordable accounts. Further, the CFPB finds that the practices of specialty "bad check" credit bureaus make it harder to open accounts. The CFPB issued warnings to both the banks and credit bureaus while providing consumers with new tips and advice.

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News Release | U.S. PIRG | Tax

JPMorgan Shouldn’t Get Tax Break for “London Whale” Settlement

JPMorgan could get a $35 million tax deduction from its $100 million settlement with Commodity Futures Trading Commission unless the regulator explicitly forbids it.

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Media Hit | Transportation

Young People Driving Less, Embrace Other Transportation

U.S. PIRG is featured in USA Today, and shows how young Americans are changing the nation's transportation landscape. They drive less, want to stay connected as they travel, embrace car-sharing, bike-sharing, ride-sharing.

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Media Hit | Budget, Tax

Infrastructure Bill is Actually Giant Corporate Tax Break

Currently, many large corporations avoid taxes by booking profits to sham shell companies in offshore tax havens like the Cayman Islands. This offshore tax dodging costs Americans a whopping $90 billion each year in tax revenue.

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News Release | U.S. PIRG | Democracy

On Argument of McCutcheon v. FEC, Democracy Groups Call for Constitutional Amendment

As the Supreme Court prepares to hear oral arguments in McCutcheon v. FEC, U.S. PIRG and seven other pro-democracy groups are speaking out on the urgent need for amending the Constitution to protect the integrity of our democracy.

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Media Hit | Budget, Tax

The $4 Billion Question: Do We Value JPMorgan More Than Consumer Protection?

Is $4 billion in taxpayer money better spent subsidizing JPMorgan's alleged criminal activity or funding the federal agency charged with defending consumers from dangerous financial products?

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News Post | Higher Ed

Obama's New Consumer Finance Chief Can Lower Student Debt | Rich Williams

President Obama took a bold and important step this week, standing up for student consumers by of former Ohio Attorney General Richard Cordray to head the new . The president's action means that the CFPB now has all its powers to protect students from unfair financial practices that pile on student debt, including lenders offering dangerously expensive private student loans and aggressive credit and debit card marketing.

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News Post | Budget

Problems With Privatized Law Enforcement's New Frontier

One in five Americans lives in a jurisdiction that outsources traffic ticketing this way, according to a newly released report from the U.S. Public Interest Research Group, titled "Caution: Red Light Cameras Ahead; The Risks of Privatizing Traffic Law Enforcement and How to Protect the Public." And a report released by the Justice Department suggests this trend may accelerate under the twin pressures of budget pressure and intense lobbying.

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News Post | Higher Ed

Student Loan Defaults Skyrocket, Double in Past 6 Years | Rich Williams

On September 12th, the US Department of Education released the on student loans. The number of students who defaulted within two years of entering repayment increased to 8.8%, up from 4.5% in FY 2003 and 7% in FY 2008.

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News Post | Transportation

Private High-Speed Rail: A Dangerous Fantasy

The politics of high-speed rail can be bizarre. Few people actually oppose connecting our cities with fast intercity trains. Most of the industrialized world has already shown that the idea is popular and works well. The politicians that do the most to prevent high-speed rail generally claim to be fans of bullet trains who just want the task to be left to the private sector.

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News Post | Safe Energy

Maine Approves Historic Law To Reduce Oil Use (Really!)

The politics of Maine's leadership has shifted dramatically in the past few years. The new Tea Party Governor and Republican-dominated legislature have made waves rolling back energy-efficiency rules, making it easier for insurance companies , and to register to vote. But just in time for Independence Day, Maine has passed legislation putting the state at the cutting-edge for reducing America's unhealthy dependence on oil. This important tool can reduce global-warming pollution and encourage more efficient alternatives to driving.

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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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