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Halloween Over, But Congress Mixing Up Witches' Brew of Bank Rollbacks Anyway

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

Yesterday, the Senate Banking Committee announced a bi-partisan bill designed to weaken bank regulations in numerous ways. Today the House Financial Services Committee votes on nearly two dozen bills. The worst would allow payday lenders and other seeking to avoid strong state laws under a new rent-a-bank scheme. It's Halloween again on Capitol Hill, with tricks for consumers and taxpayers, and treats for banks and payday lenders.

Like clockwork, after any big data breach is disclosed, powerful special interests seek to turn the problem into a bigger problem for consumers by  using it as an opportunity to enact some narrow federal legislation that broadly eliminates state data breach notice, state data security and other privacy protections.  I testified yesterday in the House warning of their Trojan Horse efforts, which not only take away existing laws, but deny any new laws, even on new problems identified. 

Consumer Tips and FAQ about the Equifax Breach

By | Mike Litt
Consumer Campaigns Director, U.S. PIRG

Hackers gained access to the personal data of over 145 million Americans in the Equifax breach. Here are some recommended actions consumers can take to protect themselves and answers to frequently asked questions.

Hurricane Harvey was a natural disaster, and a devastating one at that. During and after the hurricane, we learned anew that it’s not only the initial storm that threatens life and limb, but also chemical facilities that are hit.  As Irma bears down on Florida, we hope for the best outcome for the people of Florida. We also want the state to prepare for the worst. In that spirit, here are some resources and information on storms, chemicals and public safety.

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