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Blog Post | Financial Reform

NYT Points Out Overdraft Fees Still A Problem | Ed Mierzwinski

A major article in today's New York Times, "Overdraft Practices Continue to Gut Bank Accounts and Haunt Customers," points out that while 2010 reforms put in place by the pre-CFPB regulators have helped, there's still work to be done to protect consumers from unfair overdraft practices. While years ago banks used "bounced check" fees to deter what was then seen as a negative behavior, more recently they have encouraged overdrafts by offering "standard overdraft protection" as if it is a feature, not a bug. They've made billions.

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Media Hit | Public Health, Food

Will Yum! Brands Commit to Better Antibiotic Stewardship Policies?

"Despite these successes, we need to re-double our efforts to counter new threats from superbugs that increasingly diminish the effectiveness of antibiotics. We will continue to ramp up our consumer awareness and advocacy campaigns to ensure that the superbugs don't win."

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Media Hit | Transportation

12 of America's Biggest Highway Boondoggles

Given that expanding highways at great public cost doesn’t improve rush-hour traffic, there are better ways to spend this money, argue report authors Jeff Inglis of Frontier Group and John C. Olivieri of U.S. PIRG. They identify a dozen road projects, costing $24 billion in all, that are “representative” of the problem.

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Report | WashPIRG Foundation | Transportation

Highway Boondoggles 2

Twelve proposed highway projects across the country – slated to cost at least $24 billion – exemplify the need for a fresh approach to transportation spending. These projects, some originally proposed decades ago, are either intended to address problems that do not exist or have serious negative impacts on surrounding communities that undercut their value.

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News Release | WashPIRG Foundation | Transportation

Puget Sound Gateway Makes National List of Highway Boondoggles, Wastes $2.8 Billion in Taxpayer Dollars

Puget Sound Gateway project makes national list of highway boondoggles. New research report finds at least $24 billion in taxpayer dollars will be wasted on 12 highway projects across the country. Details how these projects are wrongly prioritizing expansion over repair of existing infrastructure and are based on poor projections of future needs. Explains how each project fails to effectively combat congestion or wisely meet other needs. Recommends using better projection models that take into account changing transportation preferences, especially among Millennials. 

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News Release | WashPIRG Foundation | Democracy

New Report Released: Auctioning Democracy

Today WashPIRG Foundation and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.

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News Release | WashPIRG | Transportation

New Report: Hundreds of WA Bridges Structurally Deficient

With President Obama calling for robust investments to repair America’s crumbling roads and bridges, the Washington Public Interest Research Group (WashPIRG) released data today documenting the number of “structurally deficient” bridges in Washington State.

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News Release | WashPIRG | Transportation

Report Examines Whether High-Speed Rail Should Be Public, Private or Both

The report comes at a time when Congress and state officials are debating future funding for high-speed rail, including upgrades to Amtrak’s 467-mile “Cascade Corridor” which connects Eugene, Portland, Seattle and Vancouver, BC. Meanwhile, the U.S. House Transportation and Infrastructure chair has proposed privatizing Amtrak with the hope of garnering private financing for new bullet trains along the Northeast. California is seeking private funds as part of a planned route connecting Los Angeles and San Francisco.

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News Release | WashPIRG | Transportation

Report: Most Aging Baby Boomers Will Face Poor Mobility Options

The first baby boomers turn 65 years old this year and seniors in the Puget Sound area are in danger of being unable to get around. The largest generation in history, Boomers are also the most dependent on automobile travel. Yet by 2015, many seniors ages 65 and older in the Puget Sound area will live in communities with poor options for people who do not drive, according to a new report. Many metropolitan areas in Washington state will see over a 70% increase in the number of seniors without adequate access to transit since 2000.

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