Financial Reform

You're Invited to "We're not Broke"

By | Deirdre Cummings
Legislative Director

MASSPIRG Invites you to a special screening of the new movie We're Not Broke
Thursday, Oct. 18  -  6:30 PM - Harvard Kennedy School
Wiener Auditorium
, Ground Floor of the Taubman Building, 79 JFK Street, Cambridge

Four years ago, on September 14-15, 2008, the Lehman Brothers investment bank declared bankruptcy while Bank of America acquired another foundering investment bank, Merrill Lynch -- major events that froze the financial markets and led in a few days to a $700 billion bailout of the financial system. Just four years later, some in the Congress have forgotten that real people and the economy are still suffering from the financial collapse, as it steps up Wall Street-backed efforts to prevent regulators from protecting the public.

News Release | MASSPIRG | Financial Reform

Remove Barriers to Low Interest Rates

Congress has a rare bipartisan opportunity to put more money in Americans’ pockets, strengthen the housing market and boost the entire economy.

At a news conference in NYC today, Director Richard Cordray of the new Consumer Financial Protection Bureau (CFPB) will announce a major investigation of bank overdraft fee practices and propose a model "penalty box" disclosure to appear on bank statements. The investigation could end the $39 latte-- $4 bucks for the coffee, $35 for the debit card overdraft fee.

News Release | MASSPIRG | Financial Reform

Victory for the American Public, first step to making Big banks accountable

 

Banks will make $25 billion downpayement on penalties owed to the American people in a robo-signing lawsuit settelement, and they can still be held accountable for other violations. MASSPIRG Attorney comments on this victory for the American public.

 

News Release | MASSPIRG | Consumer Protection, Financial Reform

President Gives Consumer Watchdog the Teeth it Needs

MASSPIRG Applauds Bold and Important Recess Appointment of Richard Cordray to Head New Consumer Financial Protection Bureau

College Textbooks: Money-Saving Tips

Being a smart consumer could save you hundreds of dollars every year.  Follow these tips to save on textbooks!

News Release | MASSPIRG | Consumer Protection, Financial Reform

MASSPIRG urges Senator Brown to vote for Wall Street Reform

We are here today to urge Congress to pass the Wall Street Reform and Consumer Protection Act approved last Friday in Conference Committee.

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DEFEND THE CFPB

Tell your representative to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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