News Releases

News Release | U.S. PIRG | Financial Reform

Statement On Departure Today of Consumer Bureau Director Richard Cordray

U.S. PIRG and the state PIRGs commend Rich Cordray for his over six years as the Consumer Financial Protection Bureau’s first director. In its short years as the nation’s top consumer cop, all under Director Cordray, the young Bureau has returned $12 billion dollars to over 29 million consumer victims of financial schemes by wrongdoers ranging from Wall Street banks, mortgage companies and for-profit schools to debt collectors, credit bureaus and payday lenders. FULL STATEMENT FOLLOWS.

News Release | CALPIRG Education Fund | Consumer Protection

32nd Annual “Trouble in Toyland” Survey Finds Dangerous Toys on Store Shelves

Stores nationwide are still offering dangerous and toxic toys this holiday season and, in some cases, ignoring explicit government safety regulations in the process, according to our 32nd annualTrouble in Toyland report.

News Release | U.S. PIRG | Financial Reform

Groups Demand To Know How Much Money Equifax Making Off Data Breach

Recent rosy earnings reports from Equifax and Transunion suggest that the company and its competitors are profiteering from consumer misery caused by the Equifax breach. They're hawking extremely-lucrative subscription credit monitoring products (up to $19.95/month or more) and charging us, in over 40 states where fees are allowed, for the privilege of placing a credit freeze to protect our own credit reports. Read our group press release, which links to our group letter to the Big 3 credit bureau CEOs.

News Release | U.S PIRG | Financial Reform

Statement on Planned Resignation of CFPB Director Rich Cordray

Today, consumer champion Rich Cordray, who helped establish and served as the first director of the Consumer Financial Protection Bureau (CFPB), announced his resignation. Our statement in strong support of his work leading the Consumer Bureau for its first six years follows.

News Release | U.S. PIRG Education Fund | Public Health

Target Removes Lead-Laden Fidget Spinners from Store Shelves

Today, Target announced that it will be removing two fidget spinner models that contain well over the legal limit of lead for children’s toys from its store shelves. Target had initially balked at our request to do so, citing a Consumer Product Safety Commission rule stating that general use products directed at adults don’t need to follow the same lead guidelines as children’s products directed at children 12 and under. These two models of fidget spinners, the Fidget Wild Premium Spinner Brass and the Fidget Wild Premium Spinner Metal, were labeled for ages 14 and up.

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