Press Releases

Trump’s Betrayal to Working Americans: Backtracking on Lower Prices but Promises Tax Cuts to Price Gouging Corporations

Economic Security and Corporate Power
December 13, 2024

President-elect Trump’s brief commitment to reducing costs came to an end yesterday as he questioned whether he would lower grocery prices and then touted even more corporate tax cuts to a Wall Street audience. As recently as this week, the President-elect has promised to lower prices, claiming it was key to his election victory.

Press Releases

Final CFPB Rule Set to Save $5 Billion Annually, Despite Industry Opposition

Junk Fees
December 12, 2024

As part of the Biden administration’s ongoing efforts to lower costs for American families, the Consumer Financial Protection Bureau (CFPB) today announced its final overdraft rule, capping overdraft fees charged by banks and credit unions to as low as $5. The final rule is expected to save $5 billion in annual overdraft fees, roughly $225

Press Releases

Judge Blocks Grocery Merger, Issuing a Win For Millions of Shoppers

Economic Security and Corporate Power
December 10, 2024

Today, a federal judge blocked the proposed $25 billion merger between Kroger and Albertsons, issuing a massive victory to American consumers. As government watchdog Accountable.US has documented over the last year, the proposed merger would have opened the door for further consolidation, reduced wages, and price gouging in the food industry.

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