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News Release | U.S. PIRG | Consumer Protection

Over 7,000 Comments Submitted to Department of Labor

Every year, over $17 billion is lost from retirement savings to fees and charges, according to the Council of Economic Advisors. Today, we submitted over 7,000 PIRG member comments urging the U.S. Department of Labor to finalize a strong rule requiring retirement advisors to put the interests of their customers first. We also submitted a detailed expert comment of our own in the important "conflicted advice" rulemaking.

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News Release | US PIRG Education Fund | Consumer Protection

Top 10 List: How the CFPB Works for Consumers

The Consumer Financial Protection Bureau (CFPB) turns 4 on July 21st. To celebrate and increase public awareness of the agency, U.S. PIRG Education Fund released a new webpage, “Meet the CFPB: Just Ten of the Ways It Works for You.

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Blog Post | Consumer Protection

The CFPB is 4 years old and has a lot to show for it! | Ed Mierzwinski

Tuesday, July 21, marks four years to the day since the Consumer Financial Protection Bureau opened its doors to protect consumers and make financial markets work. We've summarized some of the ways CFPB works for you on a new web page.

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Blog Post | Consumer Protection

How the CFPB’s Data Keeps Getting Better and Better | Mike Litt

As the CFPB turns 4 years old on July 21, here is some information on how it works for you and how we at PIRG use its data to produce reports, such as our new report on mortgage complaints to the CFPB. We've also got some photos from the Americans for Financial Reform "CFPB at 4" event.

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News Release | US PIRG Education Fund | Consumer Protection

New Report: Mortgage Problems Rank #1 at CFPB for Consumer Complaints

Mortgage problems were the top source of complaints to the Consumer Financial Protection Bureau (CFPB), according to a report released today by the U.S. PIRG Education Fund. The report also found that Bank of America was the most complained about company in 45 states and Washington, D.C. for mortgage problems.It's the sixth in a series of our reports analyzing nearly 500,000 complaints posted to the CFPB's Public Consumer Complaint Database.

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Media Hit | Transportation

Patriot-News: Are red-light cameras worth the money?

A bill that would allow Harrisburg and 18 other cities to install cameras at red lights passed the state Senate on Tuesday.

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News Release | Health Care

Nationwide study of new health exchanges shows Pennsylvania how to lower costs for consumers

Philadelphia, PA – Many states are creating health exchanges to deliver better value for consumers, and Pennsylvania should follow their lead, according to Making the Grade, a new report by PennPIRG. Health exchanges are competitive marketplaces that can empower individuals and small businesses with better, more affordable options for coverage.  Under the federal health reform law, each state will have an exchange up and running in 2014.

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Inquirer: Bank elsewhere to avoid fees

With its latest fee, Bank of America has made the decision to balance its books on the backs of its customers, instead of changing its business model to be more consumer-friendly. ("Bank of America to charge $5 debit card fee," Friday). Chase and Wells Fargo are also testing a $3 debit card fee in certain markets.

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Media Hit | Budget, Transportation

Report ranks PA bridges worst in country

(Philadelphia) -- A recent report ranks Pennsylvania number one in the nation for its number of structurally deficient bridges. The Pennsylvania Public Interest Research Group published the study saying more than 26 percent of the state's bridges are rated structurally deficient. Group associate Alana Miller says the state should focus on fixing existing bridges, rather than building new ones.

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Media Hit | Budget, Transportation

Keeping turnpike helps

One benefit of publicly held capacity is that it can be redeployed to other public needs in case of emergencies like extreme weather events. If the Pennsylvania Turnpike had been privatized last year, the private operator wouldn't likely have sacrificed their shareholders' interests by lending critical machinery and crews to help municipalities after the storm (Cheers & Jeers: Flood woes; Sept. 17).

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