Rep. Carolyn B. Maloney (NY) and Sens. Cory Booker (NJ) and Elizabeth Warren (MA) were joined by Mike Litt, U.S. PIRG’s consumer campaign director, and other advocates Tuesday to urge action on legislation to protect financial institutions’ customers from predatory overdraft fees.
PIRG’s Senior Right to Repair Campaign Director, Nathan Proctor, issued the following statement on the FTC announcement: “The rubber is hitting the road on the FTC’s new focus on protecting your Right to Repair ... "
The U.S. Securities and Exchange Commission (SEC) unveiled two proposals Wednesday designed to improve the accuracy and transparency of the composition and marketing of mutual funds that sellers claim are responsible when it comes to environmental, social and governance issues.
Tech giant finally allows customers to use Self Service Repair, order spare parts
Our statement on the Securities and Exchange Commission's newly proposed rule that would require publicly traded companies to improve and standardize the information they disclose about their greenhouse gas emissions.
The Consumer Financial Protection Bureau (CFPB) has released research showing that the financial sector overrelies on overdraft fees and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019. Ironically, one of America’s 15 largest banks, Capital One, announced earlier in December that it will eliminate all overdraft and NSF fees.
Apple reversed its longstanding policy against selling spare parts, providing repair instructions, and making repair software tools available to customers.
The Veterans and Consumers Fair Credit Act (VCFCA) was reintroduced in the House Committee on Financial Services on Monday. This bill would limit interest rates on loans and go a long way toward protecting consumers, including veterans, who are often victimized by predatory lenders.
Rohit Chopra will be the new director of the Consumer Financial Protection Bureau (CFPB). By a vote of 50-48 on Thursday, the Senate confirmed that the Federal Trade Commission (FTC) commissioner will take on the top position at the CFPB. Mike Litt, U.S. PIRG’s consumer campaign director, issued the following statement.
