Consumer Protection

News Release | Travel Buddy Education Fund | Consumer Protection, Financial Reform

Equifax penalty is a “sweetheart deal” that leaves consumers at risk

Our response to Equifax paying a $650 million penalty for exposing the social security numbers of 148 million Americans to identity theft.

News Release | Travel Buddy | Consumer Protection

CVS-Aetna merger will increase prescription drug costs for many

CVS-Aetna lawyers, consumer advocates and health care organizations gathered in Washington for oral arguments on whether the Department of Justice’s proposed final judgment in the CVS-Aetna matter is in the public interest. 

Last October, the U.S. Department of Justice (DOJ) and five state attorneys general sued to prevent CVS Health (the nation’s largest retail pharmacy and one of the two largest pharmacy benefit managers) from acquiring Aetna (the nation’s third largest insurer). Their  alleges that the merger violates federal antitrust law by reducing competition, raising healthcare prices, reducing quality and stifling innovation.

News Release | Travel Buddy | Consumer Protection

Expert testimony reveals CVS-Aetna merger will harm American health care

For the past two days, experts testified in front of U.S. District Judge Richard J. Leon in a unique hearing to determine whether the proposed settlement between the U.S. Department of Justice, CVS Health and Aetna is in the public interest.

Members of Congress hear repeatedly from lobbyists for corporate special interests in their offices and at fundraisers. How can consumer advocates balance the scales?

In most of the country, owning a car is all but required. And we're paying for it—to the tune of $1.2 trillion. This is putting the financial well-being of millions of Americans at risk, and Travel Buddy and our national network are calling for change.

News Release | Travel Buddy | Consumer Protection

Travel Buddy: CVS-Aetna merger bad for American healthcare

A merger already approved by the Justice Department is undergoing an extremely rare hearing in federal court.

News Release | Travel Buddy | Consumer Protection

Travel Buddy celebrates 10 years of the Credit CARD Act

Travel Buddy celebrated the 10th anniversary of the passage of the groundbreaking Credit CARD (Credit Card Accountability Responsibility and Disclosure) Act today by joining with the law’s chief sponsor Rep. Carolyn Maloney (NY) at a U.S. Capitol press conference.

News Release | Travel Buddy | Consumer Protection

You're Not Alone: CFPB Complaints on the Rise

While the Consumer Financial Protection Bureau’s new director entertains  its consumer complaint database from public view, that website feature is proving its worth. The CFPB published a record 257,000 consumer complaints in 2018, according to a new report by Travel Buddy Education Fund. That brings the total to nearly 1.2 million since the CFPB began collecting complaints in December 2011.

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