News Releases

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.

News Release | U.S. PIRG | Consumer Protection

We Commend CFPB For Adding Consumer Stories To Public Complaint Database

Yesterday, the CFPB published the first batch (7,700) of consumer narratives or stories to the Public Consumer Complaint Database it began in 2011. We've used the database to publish five reports (so far) analyzing complaint trends in markets ranging from credit cards to student loans but we have also long urged the voluntary addition of stories to the data fields. Now, consumers can learn if what happened to them happened to anyone else. Now, researchers can track which banks are more responsive to particular problems and which ignore their customers. A good resource is now an excellent resource.

News Release | NMPIRG | Democracy

NM Senators Support Bill to Fight Big Money in Elections by Amplifying Voices of Small Donors

 

With 2016 candidates already raising record amounts from large donors for their campaigns, U.S. Senators Tom Udall and Martin Heinrich joined Sen. Durbin of Illinois to introduce legislation today that would empower small donors in our elections. The Fair Elections Now Act would enable more Americans to participate in the electoral process by establishing a $25 “my voice” refundable tax credit. Small contributions of less than $150 would then be matched with limited public funds at a rate of six-to-one for Senate candidates that agree to turn down big money, amplifying the voices of small donors.  

News Release | NMPIRG Education Fund & Frontier Group | Transportation

New Report Finds Drivers Pay Less Than Half the Cost of Roads

As Congress struggles to renew the federal transportation law, a new report from the New Mexico Public Interest Research Group Education Fund (NMPIRG Education Fund) and Frontier Group finds that drivers currently pay less than half the total cost of roads, and argues that while increasing gas taxes could fill the shortfall, it would leave other problems unaddressed.

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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