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Blog Post | Financial Reform

CFPB to announce overdraft fee investigation, unveil "penalty box" disclosure, possibly end $39 lattes.

The new CFPB took over in July 2011 as primary supervisor and enforcer for the (over 100) biggest banks. Director Cordray's inquiry into checking account overdraft practices is an important step that will also require greater fee transparency, so consumers are more aware of bank practices.

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Blog Post | Consumer Protection

OPINION POLL: SMALL BUSINESSES SAY WEAK CUSTOMER DEMAND, NOT REGULATIONS, THEIR PROBLEM

National poll finds 78 percent of small businesses say regulations needed to protect small businesses from unfair competition, level playing field with big business; 86 percent see regulations as necessary part of a modern economy.

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Blog Post | Consumer Protection

Toxic Toys Found at Houston Port

An article published in the Houston Chronicle on Monday January 23rd revealed that 25,000 children’s toys have been confiscated at the Port of Houston in the past two years, because the U.S. Consumer Product Safety Commission found them to be unsafe.

 

 

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News Release | NMPIRG Education Fund | Tax

Thirty Fortune 500 Companies Paid More to Lobby Congress than they Did in Federal Income Taxes

With the second anniversary approaching of the Supreme Court’s decision in the Citizens United case – which opened the floodgates to corporate spending on elections – NMPIRG Education Fund and Citizens for Tax Justice reveal 30 corporations that spent more to lobby Congress than they did in taxes.

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News Release | USPIRG | Tax

WASHINGTON, D.C.: Senator Carl Levin Introduces Stop Tax Haven Abuse Act

The Stop Tax Havens Abuse Act is introduced to close corporate tax loopholes and save taxpayers the $100 Billion in lost revenue from tax dodgers.

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