Media

Media Hit | Budget

Deficit 'Super Committee' Selection Sen. Murray Proves Controversial

Senate Majority Leader Harry Reid has named Democrat Patty Murray of Washington to co-chair a powerful "super committee" charged with finding more than $1 trillion in deficit cuts this fall. 

Media Hit | Financial Reform

Senate needs to move forward on confirming new chief for the Consumer Financial Protection Bureau

The good news is that on July 21 the landmark Consumer Financial Protection Bureau (CFPB) takes over as the nation’s chief consumer bank regulator. The bad news is that because no director has been confirmed, the Bureau will not be able to effectively protect consumers in the financial marketplace that includes payday lenders, mortgage companies, and credit bureaus.

Media Hit | Health Care

Health Insurers, Forced to Reveal Financial Data, Tamp Down Rate Increase Requests

Last year, a nasty fight erupted between state Insurance Commissioner Mike Kreidler and Premera Blue Cross. Kreidler was pushing a bill that would force health insurers into publicly disclosing financial data when they asked for rate increases. Premera was trying to water down the bill, prompting Kreidler to ask, "What don't they want the public to see?" For the most part, Kreidler got what he wanted--and yesterday a handful of companies' filings went public for the first time.

Legislation is a plus for state's consumers

Although the focus is still on balancing the budget as the Legislature nears adjournment from the regular session, there is some good news from Olympia for consumers, and legislators should be recognized for delivering some meaningful consumer protections that will help people all across our state.

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