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News Release | Health Care

Great News for Consumers: Anthem Drops Bid to Take Over Cigna

This morning, health insurance giant Anthem dropped its troubled bid to take over one of its top competitors, Cigna. A February district court decision to block the proposed merger on anti-trust grounds was recently upheld by the DC Circuit Court of Appeals, but with Anthem’s decision today, this anti-competitive takeover bid is finally laid to rest. This development comes after months of work by NMPIRG and a broad coalition of consumer and health care groups, urging close scrutiny of the merger from state and federal regulators and raising questions and concerns about the potential impact on consumers.

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L'Oréal: Pledge to Be Toxic-Free

Today, NMPIRG, Campaign for Safe Cosmetics (a project of Breast Cancer Prevention Partners (BCPP)), and Safer Chemicals Healthy Families delivered more than 150,000 petition signatures calling on the multinational cosmetic giant L’Oréal USA to eliminate cancer causing chemicals and to disclose its secret “fragrance” chemicals. 

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News Release | U.S. PIRG | Financial Reform

Statement on House Financial Services Committee Passage of HR 10, the Wrong Choice Act

Today, the House Financial Services Committee approved HR 10, the so-called Financial Choice Act, on a straight party-line vote. We call it the Wrong Choice Act. The bill eviscerates the successful CFPB, which has returned $11.8 Billion to over 29 million consumers in less than six years. The bill repeals much of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act enacted to protect us after the 2008 financial collapse. Our statement is below.

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Blog Post | Financial Reform

Banks Cook Books To Promote Wrong Choice Act, Attack CFPB | Ed Mierzwinski

Today the House Financial Services Committee takes up the so-called Financial Choice Act, which we call the Wrong Choice Act, to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and leave the CFPB an unrecognizable husk incapable of protecting consumers. Some 52 state bank associations urged support of the bill, based on a "cook-the-history-books" analysis of bank consolidation, which has not increased since 2010, even though they make the claim based on preposterous math.

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Report | NMPIRG Education Fund and Frontier Group | Budget

Following the Money 2017: Special Districts

Executive Summary

Citizens’ ability to understand how their tax dollars are spent is fundamental to democracy. Budget and spending transparency holds government officials accountable for making smart decisions, checks corruption, and provides citizens an opportunity to affect how government dollars are spent.

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News Release | NMPIRG | Democracy

NMPIRG Applauds the Introduction of the Government by the People Act

NMPIRG applauded Rep. Michelle Lujan Grisham and Rep. Ben Luján today for co-sponsoring new legislation aimed at raising the voices of everyday people in the political process. Rep. Lujan Grisham and Rep. Luján are co-sponsors of the Government By the People Act (H.R. 20), legislation that would allow candidates to run competitive campaigns for office by relying on small dollar donors.

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News Release | NMPIRG Education Fund | Transportation

New Report: University Campuses Like the University of New Mexico Are Transportation Trailblazers as Students Lead Shift From Driving

As Millennials lead a national shift away from driving, universities like the University of New Mexico are giving students new options for getting around and becoming innovators in transportation policy, according to a new report released today. The report, titled, “A New Course: How Innovative University Programs Are Reducing Driving on Campus and Creating New Models for Transportation Policy,” was released by NMPIRG Education Fund.

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News Release | NMPIRG Education Fund | Transportation

Albuquerque Driving Less, Using Transit and Alternatives More

A first-of-its-kind report by NMPIRG Education Fund shows reduced driving miles and rates of car commuting in New Mexico’s urbanized areas—including the Albuquerque —and greater use of public transit and biking.

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News Release | NMPIRG Education Fund | Consumer Protection

Survey Finds Dangerous Toys on Store Shelves

Dangerous or toxic toys can still be found on America’s store shelves, according to the New Mexico Public Interest Research Group’s 28th annual Trouble in Toyland report.  The survey of hazardous toys found that despite recent progress, consumers must still be wary when shopping this holiday season.

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News Release | NMPIRG Education Fund | Consumer Protection

New Report Analyzes Complaints About Credit Bureaus

Albuquerque— According to new analysis from the NMPIRG Education Fund, thousands of consumers with errors on their credit reports are getting relief through the Consumer Financial Protection Bureau (CFPB). The report also found that credit reporting agencies vary widely in how they respond to consumer complaints: Equifax responded to over half with relief, while Experian responded with relief to only 5 percent.

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Blog Post | Consumer Protection

50 Years Ago This Week, JFK Ushered in Modern Consumer Protection Era | Ed Mierzwinski

I've got a new column at Huffington Post, "50 Years Ago This Week, JFK Ushered in Modern Consumer Protection Era." I discuss President Kennedy's visionary "Special Message to the Congress on Protecting the Consumer Interest" announced on March 15, 1962. He declared that consumers have rights and government should protect them. Read the full column after the jump.

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Blog Post | Budget

Could Obama’s Business Tax Reform Realize Its Potential?

The much anticipated corporate tax reform framework released last week by President Obama hit all the right notes but lacked the details to know if can fully realize it’s potential.

 

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Blog Post | Financial Reform

CFPB to announce overdraft fee investigation, unveil "penalty box" disclosure, possibly end $39 lattes.

The new CFPB took over in July 2011 as primary supervisor and enforcer for the (over 100) biggest banks. Director Cordray's inquiry into checking account overdraft practices is an important step that will also require greater fee transparency, so consumers are more aware of bank practices.

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Blog Post | Consumer Protection

OPINION POLL: SMALL BUSINESSES SAY WEAK CUSTOMER DEMAND, NOT REGULATIONS, THEIR PROBLEM

National poll finds 78 percent of small businesses say regulations needed to protect small businesses from unfair competition, level playing field with big business; 86 percent see regulations as necessary part of a modern economy.

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Blog Post | Consumer Protection

Toxic Toys Found at Houston Port

An article published in the Houston Chronicle on Monday January 23rd revealed that 25,000 children’s toys have been confiscated at the Port of Houston in the past two years, because the U.S. Consumer Product Safety Commission found them to be unsafe.

 

 

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