Press Releases

New Reports Show Massive Big Pharma Influence-Peddling to Stop President Biden’s Medicare Drug Price Negotiation

Economic Security and Corporate Power
April 22, 2024

Today, Accountable.US released the following statement on the disclosures of record-breaking lobbying and spending by the pharmaceutical industry in the first quarter of 2024. The massive spending by Big Pharma comes as they attempt to buy influence in the hopes of rolling back President Biden’s historic new program to allow Medicare to finally

Press Releases

Financial Committee Republicans Put Big Bank Donors Before Consumers in Vote to Block Credit Card Late Fee Cap

Economic Security and Corporate Power
April 18, 2024

Late yesterday, Republican members of the House Financial Services Committee (HFSC) unanimously voted in favor of a Congressional Review Act resolution introduced by U.S. Rep. Andy Barr (R-KY-06) to block the Consumer Financial Protection Bureau’s (CFPB)’s hugely popular rule capping most credit card late fees at $8, down from a $32 average. Commit

Press Releases

5th Circuit Judge Willett Poised to Decide His Own Financial Conflicts Are Fine in U.S. Chamber Lawsuit Against CFPB Credit Card Rule

Economic Security and Corporate Power
April 17, 2024

Trump-appointed 5th Circuit Court of Appeals Judge Don Willett is poised to not recuse himself in the U.S. Chamber of Commerce’s lawsuit against the CFPB’s credit card late fee rule even though Willett’s most recent financial disclosure report lists up to tens of thousands of dollars’ worth of shares in Citigroup – a bank greatly impacted by the CF

Press Releases

Report: House Republicans Voting to Block Administration Credit Card Rule Took Nearly $8M From Pro-$41-Late Fee Industry Groups

Economic Security and Corporate Power
April 16, 2024

On Wednesday, the House Financial Services Committee (HFSC) is expected to vote on House Joint Resolution 122, a Congressional Review Act resolution introduced by U.S. Rep. Andy Barr (R-KY-06) to block the Consumer Financial Protection Bureau’s final credit card late fee rule capping most credit card late fees at $8, down from an average of $32. A

Press Releases

Analysis: U.S. Chamber Sued Federal Government in Conservative 5th Circuit Territory 63% of Time Since 2017

Economic Security and Corporate Power
April 15, 2024

A new analysis from government watchdog Accountable.US found that since January 2017, 63 percent of the U.S. Chamber of Commerce’s lawsuits challenging federal regulations were filed within district courts under the jurisdiction of the conservative U.S. Court of Appeals for the Fifth Circuit. The report comes as the U.S. Chamber has faced increased

Press Releases

Watchdog: Runaway Corporate Greed Blemishes Otherwise Positive Inflation Report

Economic Security and Corporate Power
April 10, 2024

Today’s U.S. Labor Department’s Consumer Price Index (CPI) report shows a slight increase in inflation in the face of persistent corporate greed in a number of sectors. As government watchdog Accountable.US has documented, major companies in the pharmaceutical, housing and food industries have continued to artificially inflate prices despite boasti

Press Releases

Watchdog: Conflicted 5th Circuit Judge Must Recuse in U.S. Chamber Lawsuit Against CFPB Credit Card Rule

Economic Security and Corporate Power
April 9, 2024

New Politico reporting found Trump-appointed 5th Circuit Court of Appeals Judge Don Willett has personal conflicts of interest involving the U.S. Chamber of Commerce’s lawsuit against the CFPB’s credit card late fee rule – a lawsuit Willett already issued opinions on including casting a deciding vote to reverse a recent decision by Trump-appointed

Press Releases

Lawmakers Bankrolled by Financial Industry Try to Block CFPB’s Cost-Lowering Credit Card Late Fee Rule

Economic Security and Corporate Power
April 8, 2024

In their latest affront to consumers on behalf of their industry donors, Senator Tim Scott (R-SC), U.S. Rep. Andy Barr (R-KY) and U.S. Rep. Andy Ogles (R-TN) have introduced or are planning to introduce Congressional Review Act resolutions to block the Consumer Financial Protection Bureau's (CFPB) new rule capping credit card late fees at $8 which

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