The Allentown Morning Call, Sen. Pat Toomey expected to play key role in reducing banking regulations
""Weakening them [regulations] while simultaneously allowing banks to engage in more speculative lending practices, which Republicans in Congress have proposed, would be a mistake, said Ira Rheingold, executive director of the National Association of Consumer Advocates.
The Morning Call, Consumer protections threatened under Trump, "Trump took the first step toward possibly rolling back or weakening reforms enacted after the recession to hold banks and other financial businesses accountable."
Since November 8, I’m sure we’ve all thought a lot about the state of consumer protection in our country. Like many of you, I’ve listened with despair to incredibly divisive and angry rhetoric yet heard little mention of consumer rights or consumer justice. I’ve spoken with you about your concerns and about the fate of your clients, many of whom unknowingly voted against their own economic interests.
NACA, other organizations wrote to the Uniform Law Commission’s (ULC) Drafting Committee to Revise the Uniform Unclaimed Property Act (UUPA) expressing concerns about some of the model bill’s provisions. The letter highlights the most blatantly anti-consumer provisions in the final UUPA, so that state legislatures can amend the UUPA to make it more consumer friendly before enacting it. State unclaimed property laws are meant to serve one fundamental purpose: ensure that people can recover property that rightfully belongs to them.
NACA joined other public interest groups in a letter to the House Energy & Commerce Committee expressing concern over legislation that would harm the Federal Trade Commission's ability to crack down on scam artists and protect consumers from unfair, misleading, or anticompetitive business practices.
Tech Insider, 7 things to know before you spend a dime on crowdfunding: "The old adage 'if something looks to good to be true, it probably is,' applies here, says Ira Rheingold, executive director of the National Association of Consumer Advocates."