Financial Reform

Issue | Health Care

Fighting The High Cost Of Rx Drugs

Brand-name drug companies have been paying off generic drug makers to delay competition and keep prices high. This widespread pay-for-delay scheme needs to be put to an end. 

Reining in Wall Street

We’re fighting for a financial regulatory system that guarantees consumers and taxpayers are protected from the predatory practices at the heart of this problem.

Report | U.S. PIRG | Financial Reform

Ten Reasons Why We Need the Consumer Financial Protection Bureau Now

For years leading up to the 2008 financial collapse, federal bank regulators ignored numerous warnings of increasingly predatory mortgage practices, credit card tricks and unfair overdraft policies used by banks. The banks were earning billions from “gotcha” practices. Incredibly, bank regulators actively encouraged this behavior, arguing it was profitable and kept banks safe. No regulator cared about its other (and, to them, secondary) job: enforcing consumer laws.

Media Hit | Financial Reform

C-SPAN: Financial Regulation and Consumers

Ed Mierzwinski, U.S. PIRG Consumer Program Director, talked about the effects of the new financial regulations bill on consumers.

A Victory for Consumers Over Wall Street

Even after the financial crisis, lobbyists for the big banks and credit card companies furiously opposed pro-consumer provisions in the Wall Street reform law. We helped convince Congress to ignore them and create a Consumer Financial Protection Bureau.

Media Hit | Financial Reform

Washington Post: Senate panel passes sweeping financial-regulation bill

The Senate banking committee voted along party lines Monday to transform the regulation of financial markets, sending another piece of far-reaching legislation to the full Senate a day after Congress approved an overhaul of the nation's health system.

Report | U.S. PIRG Education Fund | Financial Reform

Failing the Bailout

Following the collapse of major financial institutions Congress enacted a sweeping $700 billion taxpayer-financed bailout of the financial sector. However, months into the program and billions of dollars later, no one knows how the money was spent and no one is convinced that it’s achieved any of the intended results.

Beat High Bank Fees

Banks rely on consumer indifference when they raise fees. They count on consumers not shopping around. PIRG’s Big Banks, Bigger Fees reports routinely find that small banks and credit unions are not following the big banks’ lead; they still offer many free or low cost accounts.

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You Can Help

We have a chance to cut billions in junk food subsidies this year. Your support will help us do the research, advocacy and grassroots organizing to convince our elected officials to act.

Priority Action

Given public concern about obesity and federal spending, your support can help us finally beat Big Ag and end subsidies for junk food.

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