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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Supporters of Duckworth Amendment to Protect Our Troops From High-Cost Loans

Last night, on a 32-30 bipartisan vote, the House Armed Services Committee supported the Tammy Duckworth (IL) amendment to strike language from the National Defense Authorization Act that would have delayed Pentagon-proposed improvements to the Military Lending Act of 2007. It's a critical victory for servicemembers, veterans and their families, although the fight to protect our troops from high-cost loans will continue.

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Blog Post | Consumer Protection

U.S. House Considers Delay To Financial Protections for Servicemembers, Veterans | Ed Mierzwinski

(UPDATED 30 April): Last year the Department of Defense proposed needed improvements to the 2007 Military Lending Act, since high-cost lenders were exploiting loopholes to evade the law's 36% APR cap on loans to servicemembers to make loans at 400% APR or more, harming military families and threatening unit preparedness to defend the nation. Now, days before a committee vote, predatory lenders have succeeded in convincing House Armed Services Committee leaders to insert language into the National Defense Authorization Act that would delay the DoD regulations up to a year while needless, redundant studies are prepared. Only in Washington.

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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Release of Labor Dept.'s Proposed Rule To End Conflicted Retirement Advice

PIRG today commended the public release of the Department of Labor’s proposed rule that would strengthen the ability for Americans to save for retirement by addressing conflicts of interest that arise when brokers and financial advisers give retirement advice. Wall Street will fight the rule hard, because it requires them to put consumers first.

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Blog Post | Consumer Protection

CFPB Begins Payday Regulation Push In Richmond | Ed Mierzwinski

We joined the CFPB in Richmond Thursday for a field hearing on a proposed rule to regulate payday lending and similar high-cost short-term loans. The CFPB's draft rule is comprehensive, covering a variety of loans, but it contains potential loopholes that we and other advocates will urge the bureau to close before it finalizes this important effort. Here's a short blog with some photos from Richmond.

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Blog Post | Public Health

Some Good, Some Bad in Obama Administration Plan to Protect Antibiotics | Sujatha Jahagirdar

Today, the National Task Force for Combatting Resistant Bacteria released a five-year action plan to tackle the growing problem of antibiotic resistance.  While the plan will take several important steps necessary to control the spread of antibiotic-resistant bacteria, it will miss the opportunity to call for critical reforms in the agricultural sector that are essential to protect public health.

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Media Hit | Budget, Food

newjerseynewsroom.com: Report: Federal agriculture subsidies pay for 19 Twinkies per N.J. taxpayer

Have you received your 19 free Twinkies and quarter of an apple from the federal government yet?  Well ok, it doesn’t exactly work that way but federal subsidies for commodity crops are subsidizing junk food additives like high fructose corn syrup, enough to pay for 19 Twinkies per taxpayer every year, according to the report "Apples to Twinkies" made public Thursday by New Jersey Public Interest Research Group.

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News Release | NJPIRG Law and Policy Center | Budget, Food, Health Care

Ag Subsidies Pay for 19 Twinkies per Taxpayer, But Only a Quarter of an Apple

Federal subsidies for commodity crops are also subsidizing junk food additives like high fructose corn syrup, enough to pay for 19 Twinkies per taxpayer every year, according to Apples to Twinkies, a new report by NJPIRG released today at Lincoln Park Community Farm.   Meanwhile, limited subsidies for fresh fruits and vegetables would buy less than a quarter of an apple per taxpayer.

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News Release | NJPIRG Law and Policy Center | Safe Energy

Nuclear Power: Not Worth the Risk

A new report released today by the New Jersey Public Interest Research Group (NJPIRG) documents a history of safety problems at nuclear reactors in the United States. These incidents – like the crisis at the Fukushima Daiichi power plant in Japan – illustrate that nuclear power carries with it risks that are simply not worth taking.

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News Release | NJPIRG Law and Policy Center | Budget, Transportation

New Report: Misplaced highway spending to blame for crumbling roads and bridges

Drivers in New Jersey pay an extra $596 per year on car repairs due to highways and bridges in disrepair. Drivers in the New York-Newark metropolitan area spend upwards of $638 extra on car repairs in a year.

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News Release | NJPIRG Law and Policy Center | Consumer Protection

New Report: Toxic Chemicals in Consumer Products Increasingly Linked to Public Health Problems

TRENTON, April 1, 2011- Serious health problems – including premature birth, learning disabilities, behavioral disorders, asthma and allergies, early puberty, obesity, diabetes, reduced fertility, and some types of cancer – are increasingly linked with exposure to chemicals that can interfere with the process of growth and development, according to Growing Up Toxic -- a new report released today by the New Jersey Public Interest Research Group.

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