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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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News Release | Consumer Protection

Smoke-Free Builds Momentum

Maryland PIRG announced today that it has joined Smoke Free Maryland, the state’s largest coalition working to improve public health by banning smoking in all workplaces including restaurants and bars. Maryland PIRG is the state’s leading public interest advocacy group, with over 12,000 members throughout Maryland.

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News Release | Health Care

Uninsured Americans Pay Higher Prices for Prescription Drugs

Uninsured consumers in Baltimore pay nearly 62 percent more for common prescription drugs than what the drug companies charge the federal government, according to a new Maryland Public Interest Research Group (PIRG) report released today.

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