Today, government watchdog Accountable.US released new analysis detailing the excessive profits banks have collected through overdraft and nonsufficient funds fees (NSF), and ongoing efforts from the financial industry to combat the Consumer Financial Protection Bureau’s cost-lowering junk fee initiatives.
The U.S. Supreme Court is currently deciding the fate of the Consumer Financial Protection Bureau’s independence following a lawsuit brought by the predatory payday loan industry with an ax to grind against the agency that stands up for consumers and is not for sale to corporations.
In the latest MAGA Majority political stunt, the Republican-led Committee on Oversight and Accountability is holding a hearing today to distract from their own debt-ballooning trickle-down policies that failed to create jobs — including the Bush and Trump-era tax breaks skewed towards big corporations and the richest 1% that grew the national debt
Following reports that Justice Samuel Alito failed to disclose a luxury Alaska fishing trip gifted by right-wing billionaire hedge fund manager Paul Singer, a new analysis from government watchdog Accountable.US shows Singer holds at least $90 million in financial companies overseen by the Consumer Financial Protection Bureau as the agency faces an
Last week, the U.S. Supreme Court denied a request by 27 Republican Attorneys General to “make their own challenge” to the Consumer Financial Protection Bureau’s funding system – the latest attack in a long-running coordinated right-wing effort to defund, defang and dismantle the nation’s leading consumer advocate.
A new analysis from government watchdog Accountable.US found seven House Republicans have yet to file their financial disclosures after the August 13th deadline despite receiving 90-day extensions to do so
A new report from government watchdog Accountable.US shows much stolen money was returned by the Consumer Financial Protection Bureau’s ‘Civil Penalty Fund’ for consumers in 10 states who fell victim to fraudulent or predatory financial industry behavior. The states highlighted in the report — AZ, KY, MI, MO, NC, NY, PA, SC, TX, WI
A new analysis from government watchdog Accountable.US found that the five largest U.S. pharmaceutical companies by market cap saw profits rise steadily from FY 2021 to FY 2022, as price increases and acquisitions of competing firms led to generous shareholder handouts at the expense of Americans struggling to afford life-saving medicine.
Ahead of today’s Senate Banking subcommittee hearing on “Fees and Tactics Impacting Americans’ Wallets,” government watchdog Accountable.US released a new analysis dispelling top myths employed by the credit card industry to excuse hidden and excessive late fees – including claims that lowering these junk fees will somehow have adverse effects on b
Today, the Republican-led House Ways and Means tax subcommittee will hold a hearing designed to distort the Biden administration’s executive guidance in support of a global minimum corporate tax rate of at least 15 percent and closing loopholes that let multinational corporations dodge responsibility by basing in tax haven countries.
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