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U.S. House Considers Delay To Financial Protections for Servicemembers, Veterans | Ed Mierzwinski

(UPDATED 30 April): Last year the Department of Defense proposed needed improvements to the 2007 Military Lending Act, since high-cost lenders were exploiting loopholes to evade the law's 36% APR cap on loans to servicemembers to make loans at 400% APR or more, harming military families and threatening unit preparedness to defend the nation. Now, days before a committee vote, predatory lenders have succeeded in convincing House Armed Services Committee leaders to insert language into the National Defense Authorization Act that would delay the DoD regulations up to a year while needless, redundant studies are prepared. Only in Washington.

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News Release | Public Citizen, Maryland PIRG | Safe Energy

Marylanders Speak Out: State Shouldn’t Settle for Exelon’s Repackaged Bid to Take Over Pepco

WASHINGTON, D.C. – In a sign of growing opposition to Exelon’s proposed takeover of Pepco, Marylanders from across the state registered their opposition (PDF) to a proposed settlement on the final day for public comment on it.

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News Release | Maryland PIRG | Democracy

Key MoCo Committee Funds Groundbreaking Fair Elections Program

(Rockville) - The Montgomery County Council held public hearings this week on the proposed FY16 budget. Concerned citizens testified at each hearing, calling on the County Council to put $2 million into the budget to fund fair elections (Public Election Fund).

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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Release of Labor Dept.'s Proposed Rule To End Conflicted Retirement Advice

PIRG today commended the public release of the Department of Labor’s proposed rule that would strengthen the ability for Americans to save for retirement by addressing conflicts of interest that arise when brokers and financial advisers give retirement advice. Wall Street will fight the rule hard, because it requires them to put consumers first.

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News Release | Maryland PIRG | Tax

Maryland Small Businesses Foot $1 Billion Bill from Offshore Tax Dodging

As Tax Day approaches, it’s important to remember that small businesses end up picking up the tab for offshore tax loopholes used by many large multinational corporations. Today, Maryland PIRG released a new study by the Maryland PIRG Foundation revealing that the average Maryland small business owner would have to pay an extra $1,599 in taxes to make up for the money lost in 2014 due to offshore tax haven abuse by large multinational corporations. 

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State Senator Urges Expansion of BPA Ban in Children's Products

Sen. Brian E. Frosh, D-Montgomery, wants to expand the state's ban on child care products made with the chemical bisphenol-A instead of waiting on the Food and Drug Administration to issue guidelines for its regulation.

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News Release | Consumer Protection

30 States Nationwide Introduce Legislation to Protect Kids and Families from Toxic Chemicals

In response to continued public concern over the presence of dangerous chemicals in common household products, coupled with Congressional inaction on the matter, on Wednesday, January 19, legislators and advocates in thirty states across the country and the District of Columbia will announce legislation aimed at protecting children and families from harmful chemicals.

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News Release | Health Care

Health Care Repeal Would Have Costly Consequences

Consumers and small businesses in Maryland will face significantly higher insurance premiums and could see costly coverage denials and price discrimination if efforts to repeal the federal health care law prevail in Congress or in the courts, according to "The Cost of Repeal: Examining the Impact on Maryland of Repealing the New Federal Health Care Law," a new report released today by Maryland PIRG.

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News Release | Transportation

Do Roads Pay for Themselves?

A new report released today by the Maryland Public Interest Research Group disproves the common misperception that road-building is paid for by user fees, showing that gas taxes cover barely half the costs of building and maintaining roads, a fraction which is likely to fall steadily.

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News Release | Consumer Protection

Many Toys Still Toxic, Hazardous

Dangerous or toxic toys can still be found on America’s store shelves, Maryland Public Interest Research Group announced today in its 25th annual Trouble in Toyland report.

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