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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Supporters of Duckworth Amendment to Protect Our Troops From High-Cost Loans

Last night, on a 32-30 bipartisan vote, the House Armed Services Committee supported the Tammy Duckworth (IL) amendment to strike language from the National Defense Authorization Act that would have delayed Pentagon-proposed improvements to the Military Lending Act of 2007. It's a critical victory for servicemembers, veterans and their families, although the fight to protect our troops from high-cost loans will continue.

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Blog Post | Consumer Protection

U.S. House Considers Delay To Financial Protections for Servicemembers, Veterans | Ed Mierzwinski

(UPDATED 30 April): Last year the Department of Defense proposed needed improvements to the 2007 Military Lending Act, since high-cost lenders were exploiting loopholes to evade the law's 36% APR cap on loans to servicemembers to make loans at 400% APR or more, harming military families and threatening unit preparedness to defend the nation. Now, days before a committee vote, predatory lenders have succeeded in convincing House Armed Services Committee leaders to insert language into the National Defense Authorization Act that would delay the DoD regulations up to a year while needless, redundant studies are prepared. Only in Washington.

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Blog Post | Public Health

Two Years After West Disaster, Are Communities Any Safer?

Two years ago, a fertilizer plant explosion devastated West, Texas. There have been over 350 other preventable chemical accidents since, yet the EPA has failed to take action to protect our communities from future preventable chemical disasters.

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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Release of Labor Dept.'s Proposed Rule To End Conflicted Retirement Advice

PIRG today commended the public release of the Department of Labor’s proposed rule that would strengthen the ability for Americans to save for retirement by addressing conflicts of interest that arise when brokers and financial advisers give retirement advice. Wall Street will fight the rule hard, because it requires them to put consumers first.

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Report | TexPIRG Education Fund | Budget

Picking Up the Tab

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News Release | TexPIRG | Health Care

House Stands up to Insurers, Takes Big Step Forward

“The passage of health reform tonight is a huge step forward for the country. It happened because 219 Members of the House of Representatives stood up to the powerful Washington health insurance industry lobby.

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News Release | TexPIRG | Financial Reform

Senate Financial Reform Bill – Some Improvements, More Needed

The Texas Public Interest Research Group (TexPIRG) applauds Chairman Christopher Dodd and a majority of the Senate Banking Committee for Monday evening’s vote to move a Wall Street reform package to the Senate floor. 

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News Release | TexPIRG | Higher Ed

Introduction of Education Reform Brings Students One Step Closer to Critical Aid

TexPIRG Higher Education Associate Rich Williams issued a statement on the student aid bill language released today by the leadership of the U.S. House of Representatives:

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News Release | TexPIRG | Higher Ed

TexPIRG Supports Student Aid Reform in Budget Reconciliation

"College students are graduating with deep student loan debt and borrowers are increasingly defaulting on their loans. We must make college more affordable and accessible now. In order to lower student loan debt, we need to increase grant aid—money for college that students don’t have to repay.

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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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