Latest News
Showing the Latest Congressional Review Act (CRA) Results
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Why is This Minnesota Democrat Attempting to Sabotage Obama’s Payday Lending Rule?
Rep. Peterson is giving his Republican colleagues a boost by going against President Obama’s legacy and American consumers.
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Industry-Backed Members of Congress Rush to Protect Predatory Payday Lenders Rather Than Consumers
House members introduce CRA to repeal CFPB rule protecting consumers from predatory payday, car title, and other short-term lending.
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Group Vows to Defend CFPB Payday Lending Rule from Republican Congressional Attacks
Group will fight to protect rule from payday lenders who have spent millions of dollars currying favor with Republicans in Congress.
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Big Bank-Funded House Votes to Bring Back Secret Courts Controlled by Big Banks
Today’s vote in the House would overturn the Consumer Bureau rule that protects consumers against forced arbitration clauses.
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Why are Congressional Republicans Pushing to Allow Secret Arbitration Courts Where Banks Reign?
Sen. Mike Crapo (R-ID) and Rep. Keith Rothfus (R-PA) file companion bills to repeal Consumer Bureau’s arbitration rule. The duo have taken more than $3 million from big banks and financial interests.
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Victory! Rule Protecting Twenty-Three Million Prepaid Cardholders Survives Attempted Repeal
Perdue took $33,000 from a predatory prepaid card company, pushed bill to save it $80 million.
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Prepaid Rule Stands? Perdue’s Office Confirms Vote Repealing Prepaid Card Protections Unlikely
Looks like 23 million prepaid cardholders could be protected after all.
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Consumerist: As Congress Preps To Scrap Prepaid Card Protections, Lawsuit Seeks Release Of Emails Between Lawmakers & Lobbyists
The Freedom Of Information Act lawsuit filed today by advocacy group Allied Progress asks a federal court in D.C. to compel the CFPB to turn over communications involving the pending prepaid card rules.
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Market Watch: Congress May Roll Back Protections for Consumers Who Use Prepaid Cards
Allied Progress, a progressive advocacy organization, on Monday launched a “six-figure” television ad buy in Washington, D.C., Alaska, Maine and Nevada to encourage members of the public to lobby their representatives there to oppose Perdue’s efforts.
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Bangor Daily News: Group Buys Maine TV Ad Time to Pressure Collins
Allied Progress is pressuring U.S. Sen. Susan Collins to oppose an effort by a Georgia senator to repeal the CFPB’s “prepaid rule,” which protects prepaid debit card holders from certain predatory fees and penalties.