Memos

Behind The Financial Industry’s Rhetoric That Overdraft Fees “Save Customers Money” Is A Much Costlier Reality For Consumers

Economic Security and Corporate Power
September 21, 2022

In January 2022, the Consumer Financial Protection Bureau (CFPB) launched an initiative to save consumers billions of dollars in exploitative “junk fees,” including overdraft fees. In 2019 alone, large banks earned approximately $15.47 billion from overdraft and non-sufficient funds fees.

Reports

In July 2022, Major Companies And Trade Groups Donated Over $731,000 To The Sedition Caucus, Bringing The Total Since The Insurrection To Over $24.9 Million.

Corporate Values and Democracy
September 1, 2022

In July 2022, Fortune 500 Companies And Corporate Trade Groups, Such As Eli Lilly, Wells Fargo, And The American Bankers Association Gave At Least $731,906 To The Members Of Congress Who Voted Against Certifying the 2020 Election Results Following the Insurrection on January 6th, 2021—A Group That Has Been Dubbed The “Sedition Caucus.”

Reports

Greenwashing: Oil Companies Rake In Billions While Boasting Deceptive Sustainability Goals

Energy and the Environment
August 30, 2022

Big Oil executives celebrated record-breaking profits of $138 billion in Q2 of 2022 from producing and selling oil. But when speaking to investors, oil executives used deceptive terms like “net zero” and “low carbon” to suggest they want to move away from oil and gas.

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