Financial Reform

A Federal Trade Commission (FTC) confirms what we've known all along: The big credit bureaus pressure identity theft victims into buying overpriced, underperforming credit monitoring subscription packages.

Consumer fraud summit today will be webcast

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

UPDATE: LINK TO C-SPAN WEBCAST ARCHIVE (My PANEL and entire event )

In times of financial calamity, fraudsters come out to take your . This afternoon U.S. Attorney General Eric Holder will host a consumer financial fraud summit () at Georgetown Law School near Union Station bringing together enforcers from the DOJ, FTC, state agencies and consumer groups. I'll be on a panel discussing business opportunity frauds. Other panels will be on elder fraud and tax scams. The event is free and open to the public and will be .

WH urges privacy rights, industry promises "Do Not Track Sometimes" while states investigate Google

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

As web giants amass more and more information about consumers for behavioral targeting and even "social discrimination" -- which can include differential pricing for the same product or the use of web tracking data and falsely-flagged websites to -- the White House has called for a . Companies and powerful industry lobbies seeking to keep those rights weak have rolled out their own ". Meanwhile bi-partisan groups of and, now, have demanded information from Google about its slippery, ever-changing privacy policies and whether Googleis in compliance with settlements it has already agreed to.

At a news conference in NYC today, Director Richard Cordray of the new Consumer Financial Protection Bureau (CFPB) will announce a major investigation of bank overdraft fee practices and propose a model "penalty box" disclosure to appear on bank statements. The investigation could end the $39 latte-- $4 bucks for the coffee, $35 for the debit card overdraft fee.

Consumer news update, some stories I've been following

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

Just a summary of some of what I think are the important consumer news stories of the last week or so, in case you missed any of them.

News Release | Travel Buddy | Financial Reform

Travel Buddy Applauds CFPB Proposal To Regulate Biggest Credit Bureaus

“Last summer over 10,000 PIRG members submitted comments to the urging strict regulation of credit bureaus and credit scoring firms. We applaud the CFPB for its proposal today to subject the nation’s largest credit bureaus and credit scoring firms to full scrutiny as “” (CFPB) in the financial marketplace."

We Tell the Financial Regulators: Don’t Let Big Banks Make Taxpayer-Backed Bets

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

Last night, Travel Buddy and the AFL-CIO joined Americans for Financial Reform in a detailed comment letter urging issuance of a strong Volcker rule. It's a that basically comes down to this: We tell the financial regulators: don’t let big banks make taxpayer-backed bets.

CFPB To Visit NYC and More Consumer News of the Week, In Case You Missed It

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

Just a few of the interesting consumer stories I am following this week: to talk about checking accounts (Feb. 22)... Meanwhile, Citibank charged some consumers twice to pay bills only once ()...Consumer groups call for a real recall of Bumbo baby seat ()...Mortgage settlement is a good first step (PIRG statement)...House opponents ratchet up attacks on new CFPB ()...Over-priced "Who will pay your credit card if you die, get sick or get laid off?" products pay out only 21 cents on the dollar ()...More on the CFPB's latest semi-annual report ()...PIRG, Demos document rise of the Super-PACS (MS-NBC)...And finally, "Enron" -- a musical theater production about corporate crime, re-opens in Washington State ().

News Release | Travel Buddy | Financial Reform

Today's settlement by the U.S. and 49 state attorneys general with the 5 biggest mortgage servicers - the big banks Citibank, Bank of America, Wells Fargo and JP Morgan Chase, along with Ally Financial - is an important and enforceable first step toward holding the big banks accountable for not only wrecking the economy but using a variety of unfair foreclosure practices to ruin the lives of millions of Americans and, in many cases, taking their homes illegally.

CFPB's Cordray to Highlight Achievements/Goals Today In Senate

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

The Senate Banking Committee will hold an oversight hearing today at 10 am () on the 's . The witness will be CFPB director Rich Cordray, who received a PIRG-backed recess appointment from the President on January 4th. Expect some CFPB opponents on the committee to boycott; others to show up.

Pages

Subscribe to RSS - Financial Reform

Support Us

Your donation supports Travel Buddy’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
кухня на заказ киев

http://best-mining.com.ua

сумка женская купить