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News Release | U.S. PIRG | Consumer Protection

The Department of Labor Fiduciary Rule for Investment Advice

U.S. PIRG federal legislative director Jerry Slominski on The Release of the Department of Labor Fiduciary Rule for Investment Advice

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Blog Post | Consumer Protection

What is payday lending? | Kathryn Lee

We are a leading member of Americans for Financial Reform, a coalition that was instrumental in the creation of the Consumer Financial Protection Bureau (CFPB) by Congress in 2010. The CFPB is currently working on a rule to reign in the payday lending industry. We, along with AFR, are working to make sure the rule is a strong one. 

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Blog Post | Consumer Protection

Lowering your APR might be easier than you think | Kathryn Lee

Many Americans are walking around with a balance on their credit card because of high interest rates, or annual percentage rate (APR) charges for unpaid balances. It's best to pay off your balance in full but if you don't or can't, a higher APR makes your debit grow faster. What most people don’t realize is this APR can be negotiated to a lower rate.

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Blog Post | Financial Reform

We oppose latest effort to weaken CFPB, other bank regulators | Ed Mierzwinski

Today, the House Financial Services Committee holds its latest cattle-call markup of a package of industry-backed bills designed to weaken consumer, taxpayer, depositor and investor protections. We've signed a letter opposing the so-called TAILOR (Taking Account of Institutions with Low Operation Risk) Act, which piles redundant requirements onto the Consumer Financial Protection Bureau and other regulators to do what they already do by existing law--treat small banks and credit unions differently than mega-banks. Also, the PIRG-backed Americans for Financial Reform sent up a letter opposing the TAILOR Act and 6 more of the 10 bills on the agenda because they are designed to weaken consumer, taxpayer, depositor and investor protections.

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News Release | U.S. PIRG | Consumer Protection, Financial Reform

More Than 100 Groups Insist on No Riders in Spending Legislation

The day before the White House is expected to release its fiscal year 2017 budget proposal, a coalition of more than 100 groups, including U.S. PIRG, sent a 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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Opponents: Duke Energy's 'Save-a-Watt' program no bright idea

The head of Duke Energy says changing how it encourages customers to use less power will help appropriately compensate the company.

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News Release | NCPIRG | Consumer Protection

CPSC Data Show Safety Recalls Increased 22% Over Last Year

The number of recalls of toys and children’s products is up 22% over the first half of last year, despite industry promises last year to solve the problems that made 2007 the “year of the recall,” according to an analysis of Consumer Product Safety Commission data by the nation’s leading consumer groups. The groups urged Congress to complete a “strong CPSC Reform Act” before the August recess.

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CPSC Data Show Safety Recalls Increased 22% Over Last Year

The number of recalls of toys and children’s products is up 22% over the first half of last year, despite industry promises last year to solve the problems that made 2007 the “year of the recall,” according to an analysis of Consumer Product Safety Commission data by the nation’s leading consumer groups. The groups urged Congress to complete a “strong CPSC Reform Act” before the August recess.

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Save-A-Watt costly, saves little

Duke Energy has proposed a new version of an “energy-efficiency” program. The proposal, called Save-A-Watt, would be wildly expensive but provide little energy savings. Not only would Duke be paid for the cost of the program, but also for 90 percent of the cost of power plants it doesn't have to build.

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Teams push ticket scalping

The Carolina Hurricanes and other pro sports franchises are supporting a bill that would let fans buy scalped tickets over the Internet for North Carolina games and shows.

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