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Ten Years After Lehman, Lessons of Financial Collapse Ignored, Not Forgotten

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

Ten years ago this weekend the collapse of investment bank Lehman Brothers marked the massive financial collapse of 2008. Millions of Americans lost homes, jobs and trillions of dollars in retirement savings. Today, the financial collapse hasn't been forgotten, it's being ignored by Congress and Wall Street.

Latest Trojan Horse Data Breach Bill (HR6743-Luetkemeyer) Could Be Called "Equifax Protection Act"

By | Ed Mierzwinski
Senior Director, Federal Consumer Program

On Thursday, 13 September, the House Financial Services Committee is to consider the latest in a long series of data security and data breach bills that Congress takes up at the request of the banks. These Trojan Horse bills come riding in with few, if any, protections riding in the saddle, but massive elimination of stronger state laws hidden in the belly of the beasts. The proposal, HR6743, the Consumer Information Notification Requirement Act (Luetkemeyer (MO)), might also be called the “Equifax Protection Act.”

On Equifax: One year later

By | Emily Scarr
State Director

Ultimately, we are not the customers of Equifax or the other credit bureaus. We are their product.

Our comments on the Maryland Volkswagen Draft Mitigation Plan

By | Emily Scarr
State Director

Earlier this month, the Hogan Administration released a draft plan to spend the $75 million Maryland is receiving as part of the Volkswagen emissions cheating settlement. We urge the Department to amend the plan to fully commit to electrification of our transportation system.

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