Us PIRG and Environment America have have joined other leading groups in the Coalition for Sensible Safeguards to oppose the so-called REINS Act or pejoratively “Regulations from the Executive In Need of Scrutiny.”
The legislation would require Congress to approve each of those actions before they go into effect, under a fast-tracked legislative process that would force up-or-down votes on the rules without any possibility of amendment.
The REINS Act represents one of the most radical threats in generations to our government’s ability to protect the public from harm. The bill’s clear aim is to halt the implementation of critical new public health and safety safeguards, financial reforms, and worker protections – making industry even less accountable to the public. It would do nothing to improve protections for the American public, but instead would benefit only those corporations that wish to game the system and evade safety standards.
Stop the Debt Trap: Pass the Veterans and Consumers Fair Credit Act
High-cost loans are long-term debt traps, often carrying triple-digit interest rates that can cost more than two or three times the original loan amounts.