Financial Reform

News Release | CoPIRG Foundation | Financial Reform

New Report Identifies Banks Consumers Complain About Most

Thousands of Americans are using the Consumer Financial Protection Bureau’s public Consumer Complaints Database to settle disputes with their banks, according to a new report from the CoPIRG Foundation. The report highlights banks that generated the most complaints through their various banking services in each state.

 

Report | CoPIRG Foundation | Financial Reform

Big Banks, Big Complaints

This report is the first of several that will review complaints to the CFPB nationally and on a state-by-state basis. In this report we explore consumer complaints about bank accounts and services with the aim of uncovering patterns in the problems consumers are experiencing with their banks.

News Release | CoPIRG | Financial Reform

Senate Confirms CFPB Director Cordray

"Today’s confirmation of Richard Cordray to head the CFPB for a full term is good news for consumers, and for firms that want to play fair in the financial marketplace. The CFPB was created to rein in the reckless Wall Street practices that blew up our economy almost five years ago."

Issue | Health Care

Fighting The High Cost Of Rx Drugs

Brand-name drug companies have been paying off generic drug makers to delay competition and keep prices high. This widespread pay-for-delay scheme needs to be put to an end. 

A New Direction In Driving Trends

After a 60 year boom, driving is on the decline in the U.S. and no likely scenario shows it returning to previous levels of growth. 

President Appoints "America's Consumer Watchdog"

CoPIRG applauds President Obama for standing up for consumers by making a recess appointment of former Ohio Attorney General Richard Cordray to head the new Consumer Financial Protection Bureau.

News Release | CoPIRG | Financial Reform

President Appoints "America's Consumer Watchdog"

CoPIRG applauds President Obama for standing up for consumers by making a recess appointment of former Ohio Attorney General Richard Cordray to head the new Consumer Financial Protection Bureau.

Media Hit | Financial Reform

Bank of America leads charge in fee changes

Bank of America  customers will now pay $5 a month for purchases they make with their debit cards as the bank moves to recoup an estimated $6.6 billion in lost revenue.

Report | CoPIRG | Budget, Financial Reform, Tax

Tax Shell Game

Abuse of tax havens inflicts a price on other American taxpayers, who must pay higher taxes—now or in the future—to cover the government’s revenue shortfall, or must deal with cuts in government services.

News Release | CoPIRG | Financial Reform

Historic Wall Street Reform Signed Into Law

Responding to the worst financial crisis since the Great Depression, President Barack Obama signed into law the Wall Street Reform and Consumer Protection Act.  The bill reins in Wall Street and protects consumers, investors, and taxpayers from further financial meltdowns.

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