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Consumer Protection

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  1. Books: Your Evil Twin: Beyond the Identity Theft Epidemic
    Bob Sullivan, author and identity theft expert, probes this exploding crime. ID theft has hit ordinary citizens and celebrities alike, from Oprah Winfrey to Steven Spielberg, and costs the economy $50 billion a year. “Your…
  2. Press: Time for attention to consumer issues
    Congress is back in session and lawmakers have a lot on their plate right now. Clearly, an economic stimulus package tops the list. But a number of important consumer issues that made headlines in 2007…
  3. Books: Predictably Irrational
    When it comes to making decisions in our lives, we think we’re in control. We think we’re making smart, rational choices. But are we? In a series of illuminating, often surprising experiments outlined in his…
  4. Press: A voice for the consumer
    The time has come to give the American consumer a much stronger voice in Washington. President-elect Barack Obama has already named what amounts to an energy and environmental czar in the White House, and America’s…
  5. Outreach: At the White House for Credit Card Bill Signing
    Linda Sherry and Ruth Susswein of Consumer Action's DC office were invited to witness President Barack Obama sign the historic credit card legislation.
  6. Press: Sharks circle in Congress
    The banking industry has made no secret of its desire to kill off President Obama’s timely and important proposal to create a powerful new consumer protection agency. It’s counting on the cooperation of lawmakers addicted…
  7. Press: Card issuers use tricks and traps in advance of new law
    Washington, DC – A Consumer Action and Consumer Federation of America analysis of recent credit card industry practices found that card issuers are using a variety of costly, unfair tactics that will not be eliminated…
  8. Press: Consumer Action testifies to House on credit card law abuses
    Consumer Action will testify today before the U.S. House Financial Services Committee on the need for an earlier implementation date for the CARD Act. At this time, most provisions will be effective on Feb. 22,…
  9. Press: Whose side are they on?
    Last month Democrats on the Senate banking committee passed a reasonably tough financial regulatory reform bill. Now Republican leaders have suddenly begun lashing out against it. Did they belatedly discover some problem? No. They suddenly…
  10. Press: Consumers stand to gain the most from financial overhaul
    Though the Wall Street and banking features of the giant financial industry overhaul bill taking shape on Capitol Hill have drawn most of the attention, home buyers and mortgage applicants should be major winners when…
  11. Press: A last push for consumer watchdog
    As lawmakers in the House and the Senate iron out differences between their far-reaching new financial regulations, consumer advocates are waging a final, fervent push to safeguard the legislation and bolster key provisions. “The recent…
  12. Press: Consumer Action Anniversary and Awards
    Consumer Action celebrates its 39th anniversary today with a gathering in San Francisco at the Parc 55 Hotel. Consumer Action will present its 2010 Consumer Excellence Awards at the event. This year’s honorees are: Public…
  13. Press: Consumer Financial Protection Bureau closer to reality
    House and Senate negotiators closed in on an agreement Tuesday that would create a new consumer protection agency, one of the main components of the sweeping rewrite of financial industry rules. In response to furious…
  14. Press: From card fees to mortgages, a new day for consumers
    At last, it’s settled. After months of haggling, the terms of financial reform are set, so long as both houses of Congress vote to accept them in the coming days. While elected officials spent much…
  15. Press: Wave of new rules to protect consumers
    The financial overhaul bill that has taken final shape would give the government a larger role in guarding the wallets of consumers — many of whom, it became clear in the financial crisis, did not…
  16. Press: State PUC has let down its guard since phone deregulation, report finds
    State regulators said they’d look out for consumers after California’s phone market was deregulated in 2006. They didn’t. That’s the conclusion of a blistering report to be released Friday by California’s Senate Office of Oversight…
  17. Press: Elizabeth Warren: poised to become borrower’s best friend
    Somewhere along the line, Elizabeth Warren became a symbol. She’s either the plain-spoken, supremely smart crusader for middle-class families that her supporters adore, or she’s the power-hungry headline seeker her critics loathe, a fiery zealot…
  18. Press: Bumped from a flight? You may be stuck
    Lots of luck catching another flight if you’ve been bumped or miss a connection. Commercial airlines in the USA have never been so full. Seven of them — Delta, American, United, Continental, US Airways, AirTran…
  19. Press: Consumers clamoring for a leader in Warren
    So it turns out that the Elizabeth Warren rap video that went “viral” this week is actually a made-in-Hollywood production. You know the video, don’t you? The one in which a struggling comedian named Ryan…
  20. Press: Consumer Reports is rating surgical groups
    Medical groups that perform heart bypass surgery are now being rated alongside cars and toaster ovens in Consumer Reports. In most parts of the country, data-based ratings of doctors are not available to patients. Only…
  21. Press: Warren maybe ‘interim director’ of consumer bureau
    Harvard law professor Elizabeth Warren set the political blogosphere abuzz once again Monday, this time with speculation that the White House might appoint her as an “interim director” of the new Bureau of Consumer Financial…
  22. Press: Warren to head launch of financial protection bureau
    President Obama, sidestepping a possibly heated confirmation battle, will appoint Harvard law professor Elizabeth Warren as a special advisor to the Treasury Department to launch the government’s powerful new Consumer Financial Protection Bureau, according to…
  23. Press: Elizabeth Warren to be appointed White House ‘consumer czar’
    The White House will announce Friday that Harvard law professor Elizabeth Warren will be appointed to be an assistant to the president and oversee the creation of a new consumer financial protection bureau. The move…
  24. Press: Adviser to consumer agency had role in lending
    A senior adviser to Elizabeth Warren, hired to help start the Consumer Financial Protection Bureau, is an investor in and, until recently, served as a director of a company that helps to arrange low-documentation loans…
  25. Press: What a split Congress means for investors
    Now that the political pundits have had their say on the impact of the election, it’s time to consider what it means for investors and pocketbooks. The midterm election results and Republican takeover of the…
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