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News Release | ConnPIRG Education Fund | Financial Reform

Big Banks Make Billions on Overdraft Fees

An analysis of new government data by ConnPIRG Education Fund found that big banks made $8.4 Billion in overdraft fee income in the first three quarters of 2016, up nearly 4% from the same period in 2015. Since the beginning of 2015, all banks greater than $1 Billion in assets have been required to report fee data quarterly and are included in the study.

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Report | ConnPIRG Education Fund and Frontier Group | Consumer Protection

Big Banks, Big Overdraft Fees

Overdraft fees are a major source of consumer pain, since they are borne disproportionately by Americans with few financial resources. Through the first three quarters of 2016, 626 large banks reported collecting $8.4 billion in revenue from overdraft and NSF fees, an increase of 3.6 percent over the same period in 2015. American consumers should look to the Consumer Financial Protection Bureau (CFPB), which has already enforced overdraft regulations and returned millions of dollars to consumers, to take new action to prevent unfair overdraft fees.

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News Release | ConnPIRG | Consumer Protection

Federal Trade Commission to America’s used car buyers: Drop Dead.

Consumer and safety organizations blasted the FTC Commissioners’ decision, announced today, to finalize consent orders with GM and the Lithia and Koons auto dealership chains that will allow them to advertise that unrepaired recalled used cars with lethal safety defects are “safe,” have been “repaired for safety,” passed a “rigorous inspection” and qualified to be sold as “certified” cars without repairing the safety defects, if they merely include a meaningless disclosure that the cars “may” be under an  open recall.  In addition, FTC has proposed the same settlement with CarMax and  other dealers.

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News Release | Consumer Protection

Yahoo Data Breach Presents Opportunity for Strong Response

Statement by Mike Litt at the U.S. PIRG Education Fund, on the latest announced Yahoo data breach.

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News Release | U.S. PIRG | Financial Reform

Overdrafts continue to hit students hard on campus

Today, the Consumer Financial Protection Bureau (CFPB) released a report shining a spotlight on contracts between banks and colleges to promote debit cards on campus.  Students continue to get hit hard with overdraft fees attached to their campus bank accounts. According to the report, nearly one in ten consumers in the population with student accounts incurred 10 or more  overdrafts per year, paying, on average, $196 in overdraft fees alone. Below is a detailed analysis by US. PIRG's Chris Lindstrom, who championed the protections that the CFPB is reporting on. This report is one more example of why we need a strong CFPB. 

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News Release | ConnPIRG Education Fund | Budget

New Report: Connecticut Receives a “B” in Annual Report on Transparency of Government Spending

Connecticut received a B when it comes to government spending transparency, according to “Following the Money 2014: How the 50 States Rate in Providing Online Access to Government Spending Data,” the fifth annual report of its kind by the ConnPIRG Education Fund. 

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News Release | ConnPIRG | Democracy

TODAY SUPREME COURT RULED FOR ANOTHER FLOOD OF BIG MONEY

Today the U.S. Supreme Court ruled in McCutcheon v. FEC to strike down overall, or aggregate, contribution limits to candidates and political committees. U.S. PIRG research found that this ruling could bring $1 billion in additional campaign contributions from fewer than 2,800 elite donors through the 2020 election cycle.

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Media Hit | Transportation

Less Driving On Campus

Over the past two decades, colleges and universities have increasingly taken steps to reduce driving.

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News Release | ConnPIRG Education Fund | Public Health

Hartford Consumers Call on Stop & Shop to Label GMOs

Consumers and health advocates launched a campaign calling on Stop & Shop to label its store-brand products for ingredients derived from genetically modified organisms (GMOs), on the one year anniversary of Whole Foods’ announcement that it will adopt labeling for all products in its stores.

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News Release | ConnPIRG | Solid Waste

ConnPIRG Testimony on Governor's Bill 27

ConnPIRG's testimony today in support of Governor's Bill 27, before the Environment Committee

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Blog Post | Public Health, Food

Stop & Shop, label GMOs

A year ago, Whole Food’s committed to labeling GMOs by 2018.  But Whole Foods shouldn’t be the only store offering full GMO transparency.  That’s why we’re calling on Stop & Shop to label GMOs in their store brand products.

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Blog Post | Solid Waste

Increasing Recycling Through Regionalism

Today's meeting of Connecticut's Solid Waste Advisory Committee focused on regionalism.

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Blog Post | Health Care

Health Care Bill Weakened | Evan Preston

The Insurance and Real Estate Committee acted today to weaken a bill that would have lowered health insurance premiums for Connecticut consumers purchasing insurance through Access Health CT.

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Blog Post | Consumer Protection

ConnPIRG Supports Ratepayer Consumer Protection Bill | Evan Preston

There is a hearing today for a ConnPIRG supported bill that would provide important consumer protections on electric bills.

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Blog Post | Democracy

Online Voter Registration | Evan Preston

Yesterday, ConnPIRG staff joined Governor Malloy and Secretaty of the State Denise Merrill as they announced that online voter registration is now available in Connecticut.

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Defend the CFPB

Tell your senators 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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