Under the Trump administration, this is what consumer protection looked like: $1 fines for rule-breaking banks and leaving Wall Street regulation in the hands of anti-regulation insiders. But that all could change soon.
The Biden administration has nominated Rohit Chopra, a true champion for consumers, to head the Consumer Financial Protection Bureau (CFPB). Chopra helped build the Consumer Bureau from the ground up in the wake of the 2008 financial crisis, and if confirmed, he would revitalize the bureau that Trump had left toothless.
Online price spikes of up to 200 percent on essential supplies shouldn’t have been allowed at the beginning of the pandemic -- and they certainly shouldn’t still be happening a year later.
But an analysis by U.S. PIRG Education Fund found that pandemic price hikes are still a major problem on Amazon. Out of 750 listings surveyed -- including masks, hand sanitizers, thermometers and patio heaters -- 409 saw price increases of more than 20 percent, and 136 at least doubled in price.
That’s unacceptable -- especially during a pandemic when so many of those products are essential to
Say you’re working in a hospital. If a key piece of medical equipment breaks down -- perhaps one of the ventilators that are so vital during this pandemic — you’ll want your technicians to be able to fix it right away.
Too often, though, medical technicians can’t even access the service manual they need to repair essential medical equipment because they’re blocked by restrictions set up by the manufacturer.
Anonymous shell companies have been used to evade taxes, launder drug money and defraud Medicare — but they'll soon be a thing of the past.
It’s the culmination of more than a decade of work by transparency advocates, led by the Financial Accountability and Corporate Transparency (FACT) Coalition, of which Fair Share is a steering committee member.
