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News Release | Arizona PIRG | Financial Reform

Consumer Financial Protection Bureau on Track

Six months after Wall Street reform legislation creating the new Consumer Financial Protection Bureau (CFPB) was signed, a leading coalition released Halfway to the CFPB: An AFR Progress Report on “Standing Up” the New Consumer Financial Protection Bureau.

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Report | Arizona PIRG | Financial Reform

Halfway to the CFPB

Consumer Financial Protection Bureau (CFPB) Implementation Team staff are making significant progress in their efforts to both build an effective agency and be ready to perform required functions by the transfer date (July 21, 2011).   Based on our analysis of several key metrics, on the date halfway between passage and startup, the CFPB Implementation Team is properly focusing on key goals and outcomes.  Moreover, the high-quality of its early hires will give it the CFPB the ability to significantly broaden and accelerate its activities over the next six months.

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News Release | Arizona PIRG Education Fund | Health Care

Comments on the Rate Review Program before the Arizona Department of Insurance

When consumers consider whether health care reform has been a success, many of them will have a simple test in mind – when they open the envelope that lays out their health insurance rates, will the premium increase be affordable, or will it be unreasonable? Experts know that there are a host of inefficiencies, misaligned incentives, and system failures behind that one number, many of which have little to do with any particular insurer.

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Report | Arizona PIRG Education Fund | Transportation

Do Roads Pay for Themselves?

Highway advocates often claim that roads “pay for themselves,” with gasoline taxes and other charges to motorists covering—or nearly covering—the full cost of highway construction and maintenance. They are wrong.

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News Release | Arizona PIRG Education Fund | Transportation

Myth Busted: Road Costs in Arizona Not Covered by Gas Taxes

The Arizona PIRG Education Fund's new report, Do Roads Pay for Themselves? Setting the Record Straight on Transportation Funding, disproves the common misperception that road-building in Arizona and across the country is paid for by user fees. The report shows that gas taxes cover barely half the costs of building and maintaining roads, a fraction which is likely to fall steadily.

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DEFEND THE CFPB

Tell your representative to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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