Peter Skopec, director of the Wisconsin Public Interest Group (WISPIRG) talks about continued assaults on the Consumer Financial Protection Board (begun in the shadow of the 2008 financial recession to advocate for consumer protections), Rent-to-own and pay-day lending transparency, student loan scams, both at the state and national level.
Congress is poised to pass HR-10, dubiously dubbed the “Financial Choice Act”, which will gut the consumer protections put into place by the Dodd-Frank bill following the financial collapse of 2008. Peter Skopec from WISPIRG talks about the implications of the bill’s passage.
Short memory? Less than 10 years after the “great recession” on 2008 and just 7 years after the Dodd–Frank Wall Street Reform and Consumer Protection Act established consumer protections against unregulated spending and risky investing, the Republican-lead congress is considering rolling back consumer protections. Peter Skopec from WISPIRG discusses the “Financial Choice Act”, and its […]
Last week, President Trump began the process of gutting the Dodd-Frank bill, established after the Wall Street economic crash of 2008 with the aim to protect consumers and regulate Wall Street. Peter Skopec, Director of the Wisconsin Public Interest Research Group (WISPIRG) talks with Jan Miyasaki about how new regulations will affect consumer protection measures.
A federal watch-dog agency proposed new rules Thursday designed to rein in predatory lending. But will they make it harder for millions to access credit in a pinch? Darien Lamen reports.
With tomorrow’s 6th anniversary of the Supreme Court “Citizens United” case, which opened the floodgates outside money to stream into political contests, WISPIRG, Wisconsin Public Interest Research Group, is planning a “Public Telling” at the Wisconsin State Capitol Building. WISPIRG’s goals include democracy for the people, reduced use of antibiotics in our food supply, consumer […]