Press Releases

ICYMI: Ahead of SOTU, Here’s What You Need to Know About Junk Fees

Economic Security and Corporate Power
February 3, 2023

After the Biden administration and the Consumer Financial Protection Bureau (CFPB) ramped up their efforts to curb credit card late fees this week, government watchdog Accountable.US is highlighting its body of research on the financial industry’s history of ‘junk fees’ ahead of Biden’s State of the Union address. 

Press Releases

Fed’s Rate Hikes Are Putting Stellar Job Numbers at Risk

Economic Security and Corporate Power
February 3, 2023

As the nation celebrates a major victory for employment, the Fed’s recent interest rate hikes continue to suggest they think too many Americans have jobs. It’s simple: the more the Fed embraces job-killing rate hikes that disproportionately hurt low-income workers and struggling mom-and-pop shops, the more the Fed will roll back this great economic

Press Releases

McHenry’s Attacks Against the CFPB’s Credit Card Late Fee Rule are at the Behest of the Financial Industry & Their Lobbyists

Economic Security and Corporate Power
February 2, 2023

Following House Financial Services Committee Chair Rep. McHenry’s attacks on the Consumer Financial Protection Bureau (CFPB)’s latest rulemaking on credit card late fees, government watchdog Accountable.US is calling out his ties to the financial industry. 

Press Releases

Big Oil Giants Shell & ConocoPhillips Squeeze $61 Billion in Profits Out of American Consumers, Executives Vow to Give $14 Billion to Wealthy Shareholders

Energy and the Environment
February 2, 2023

Today, Big Oil giants Shell and ConocoPhillips formally reported their profits from the fourth quarter of last year, taking in an eye-popping $13.7 billion in the final quarter, bringing in $61 billion in profit last year. This marks a 121% increase in profit margins compared to 2021. While Big Oil profited massively in 2022, American consumers wer

Press Releases

Big Oil-Backed Insurrectionist Paul Gosar to Chair House Natural Resources Subcommittee on Oversight & Investigations

Energy and the Environment
February 1, 2023

Today, House Natural Resources Chair Bruce Westerman and the MAGA majority tapped a reliable ally of Big Oil and one of the most vocal supporters of the January 6th insurrection, Representative Paul Gosar, to chair U.S. House Natural Resources Subcommittee on Oversight and Reform. In response, Accountable.US released the following statement, exposi

Press Releases

McCarthy’s MAGA Majority Plays Politics With American Livelihoods as the National Default Looms

Economic Security and Corporate Power
February 1, 2023

As President Biden and Speaker of the House Kevin McCarthy are set to meet for debt ceiling negotiations today, the MAGA Majority continues to risk a national default and a major economic crisis by playing politics with American livelihoods. In order to raise the debt ceiling, the House GOP is asking for deep cuts to programs like Social Security,

Press Releases

Watchdog Applauds CFPB Rule to Rein in Credit Card Fees

Economic Security and Corporate Power
February 1, 2023

In its latest step to protect consumers from the financial industry’s abusive fees, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb credit card late fees – an effort that is expected to save American families $9 billion per year. This exploitative practice is currently protected by an expansive immunity provision created by

Press Releases

ICYMI: Leonard Leo Is Funding Consumers’ Research, A Front Group Shilling for the Oil and Gas Industry

Power and Influence
February 1, 2023

A new story in the Washington Post is highlighting right-wing activist Leonard Leo’s close ties to the anti-ESG “watchdog” Consumers’ Research. The long-dormant group was recently revived with funding from Leo-tied DonorsTrust, and has since been engaged in an aggressive campaign targeting corporations for making climate-friendly investments.

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