Updates

Media Hit | Budget, Tax

Forecast: State to take in $1.4 bil in fewer taxes

The state's tax revenues could come in as much as $1.4 billion lower than previously estimated, a number so big that state lawmakers will have to scramble to come up with a response to the worsening economic news.

News Release | WashPIRG | Consumer Protection

Senators face important vote on whether or not to protect consumers

In July, the landmark Consumer Financial Protection Bureau (CFPB) took over as the nation’s first federal financial agency with only one job, protecting consumers. But until it gets a Senate-confirmed director, its powers, especially over payday lenders and other non-banks, are limited.

News Release | WashPIRG | Consumer Protection, Financial Reform

WashPIRG Statement of Support for Confirmation of Richard Cordray as Director of CFPB

On Tuesday, Sept. 6 the US Senate is set to begin hearings on the confirmation of President Obama’s choice of Richard Cordray as Director of the Consumer Financial Protection Bureau, and The Washington Public Interest Research Group (WashPIRG) is calling on Senators Patty Murray and Maria Cantwell for their support of this outstanding nominee. 

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. 

News Release | WashPIRG | Budget

WashPIRG supports selection of Sen. Patty Murray as co-chair of debt reduction “super committee”

News of the appointment of Sen. Patty Murray to the debt reduction “super committee” was welcomed by a leading public interest advocate organization today.

Report | WashPIRG | Financial Reform

Ten Reasons Why We Need the Consumer Financial Protection Bureau Now

This report outlines predatory financial practices that hurt consumers and helped collapse the economy, costing us eight million jobs, millions of foreclosed homes and trillions of dollars in lost home and retirement values. It explains these and other emerging problems as “10 Reasons We Need The Consumer Financial Protection Bureau Now.”

News Release | WashPIRG | Consumer Protection

Consumer Financial Protection Bureau takes over Thursday as nation’s consumer bank cop

As the new Consumer Protection Financial Bureau (CFPB) prepares to take over enforcement of all major financial consumer laws on Thursday, a leading consumer group is announcing the results of a poll showing that an overwhelming majority of likely voters both support the new agency (74 percent) and want Wall Street held “accountable” (77 percent).

News Release | WashPIRG | Transportation

Report Examines Whether High-Speed Rail Should Be Public, Private or Both

The report comes at a time when Congress and state officials are debating future funding for high-speed rail, including upgrades to Amtrak’s 467-mile “Cascade Corridor” which connects Eugene, Portland, Seattle and Vancouver, BC. Meanwhile, the U.S. House Transportation and Infrastructure chair has proposed privatizing Amtrak with the hope of garnering private financing for new bullet trains along the Northeast. California is seeking private funds as part of a planned route connecting Los Angeles and San Francisco.

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.

News Release | WashPIRG | Consumer Protection

Shareholders deserve to know how corporations spend their money in elections

Although millions of Americans contribute money every year to political campaigns and causes that they support, millions more contribute to political causes without even knowing it – as the shareholders of large corporations.

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