Financial Reform

News Release | TexPIRG | Financial Reform

TexPIRG applauds House committee vote to advance landmark consumer agency to replace system that failed

Today, the U.S. House Financial Services Committee approved landmark reform legislation establishing a proposed Consumer Financial Protection Agency, despite “often blatantly false attacks from industry opponents.” 

News Release | TexPIRG | Financial Reform

TexPIRG's Wall Street Bailout Briefing #7

"Transparency about monetary policy also helps promote the accountability of the Federal Reserve to the Congress and the public,” reads the Federal Reserve’s website. That sounds great. And it couldn’t be more true.

News Release | TexPIRG | Financial Reform

Statement of TexPIRG's Ed Mierzwinski on the House Passage of the federal Credit Cardholders’ Bill of Rights

Tex PIRG commends the U.S. House for its overwhelming passage today of Rep. Carolyn Maloney (NY)’s Credit Cardholders’ Bill of Rights. For too long, owning a credit card company has been a license to steal.

News Release | TexPIRG | Financial Reform

Statement of U.S. PIRG Consumer Program Director Ed Mierzwinski on Final Passage of Wall Street Bailout Legislation Today

U.S. PIRG is deeply disappointed that Congress punted on enacting critical protections for taxpayers and homeowners in the Wall Street bailout legislation passed today. 

News Release | TexPIRG | Financial Reform

Defeat of Wall Street Bailout

Today the House of Representatives listened to concerned Main Street voters and taxpayers and defeated a defective Wall Street bailout.

News Release | TexPIRG | Financial Reform

Consumer Advocates Applaud Representative Todd Smith for filing House Bill 2008

House Bill 2008, authored by Representative Todd Smith (R-Bedford), would greatly assist homeowners by enacting critical and necessary reforms to the Texas Residential Construction Commission (TRCC), according to consumer groups.

News Release | TexPIRG | Financial Reform

TRCC Bill A Step in the Right Direction, But Only a Modest Step

HB 1038 does achieve some small measure of TRCC reform, but the commission and its appeals process are still a long way from reaching the standard for consumer protection and consumer rights originally envisioned. 

News Release | TexPIRG | Financial Reform

Chavez Bill Is Big Step Forward in Protecting Texas Homeowners from Predatory Lenders, TexPIRG Says

House Bill 3762, filed by Representative Norma Chavez (D-El Paso), would greatly curtail the exploitative practice of predatory mortgage lending, according to the Texas Public Interest Research Group (TexPIRG).

News Release | TexPIRG | Financial Reform

Consumer Groups, Citizens, Present Dramatic Testimony at State Affairs Committee Hearings on Homeowners' Rights

In hearings that lasted from four in the afternoon until nearly four in the morning, the House State Affairs Committee heard testimony Monday and early Tuesday from a large number of aggrieved citizens and several consumer advocacy groups on how to reform the Texas Residential Construction Commission (TRCC) and the Home Lemon Law.

News Release | TexPIRG | Financial Reform

Committee Hearings on Homeowners' Rights

In hearings that lasted from four in the afternoon until nearly four in the morning, the House State Affairs Committee heard testimony Monday and early Tuesday from a large number of aggrieved citizens and several consumer advocacy groups on how to reform the Texas Residential Construction Commission (TRCC) and the Home Lemon Law.

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