NPI's Cascadia Advocate

Offering commentary and analysis from Washington, Oregon, and Idaho, The Cascadia Advocate is the Northwest Progressive Institute's unconventional perspective on world, national, and local politics.

Tag Archives: Consumer Protection

U.S. Senate passes Republican-backed bill to weaken Dodd-Frank financial reforms

Excerpt: The United States Senate voted overwhelmingly today to begin dismantling the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010, approving Idaho Senator Mike Crapo's S. 2155 by a vote of sixty-seven to thirty-one.
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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Victory! Washington State House votes to toughen penalties for corporate crimes

Excerpt: Corporations that break the law in Washington State could soon be forced to pay more appropriate penalties for their wrongdoing thanks to the work of State Representative Mike Pellicciotti (D-30th District: Federal Way). By a vote of ninety-seven to one, the Washington State House of Representatives today voted to pass ESHB 2362, which would substantially increase fines for corporate crimes.
Written by:Andrew Villeneuve
Categories:Civil Liberties, Core Encyclopedia Topics, Economic Security
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U.S. Senate passes $1.1 trillion, giveaway-stuffed “cromnibus” bill in late night vote

Excerpt: Earlier this evening, following in the footsteps of the House of Representatives, the United States Senate passed the massive appropriations bill that has become known as the CRomnibus, sending the legislation to President Barack Obama, who is prepared to sign it without delay. The final vote was fifty-six to forty; four senators did not vote. […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security, Legislative Advocacy
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Republicans (predictably) filibuster Elizabeth Warren’s bill to ease student loan debt

Excerpt: A bill sponsored by Massachusetts Senator Elizabeth Warren to ease student loan debt has sadly become the latest worthy piece of legislation to be stalled in the United States Senate by the Republican Party, which might as well officially rename itself the Party of No (because that is its answer to just about every good […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security, Education
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Scam alert! An unknown entity, the “Labor Standards Compliance Office”, is trying to sell labor posters with letters that look like bills

Excerpt: An unknown entity calling itself the “Labor Standards Compliance Office” is mass mailing deceptive letters to Washington businesses and nonprofits that appear to be bills from the government, but are in reality solicitations for labor posters that can be freely obtained, the Northwest Progressive Institute has learned. One of these suspicious-looking letters showed up this […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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U.S. House passes “Citibill” to partially roll back the Dodd-Frank Reform Act

Excerpt: Once again, something is rotten in the people’s House. Earlier today, the Republican-controlled U.S. House of Representatives voted two hundred and ninety-two to one hundred and twenty-two to pass H.R. 992, officially titled the Swaps Regulatory Improvement Act. Like MSNBC’s Chris Hayes, we’re calling H.R. 992 Citibill because it was primarily authored by Citigroup lobbyists. […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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Senate *finally* confirms Richard Cordray as Consumer Financial Protection Bureau chief

Excerpt: After months of senseless delay, the United States Senate has finally confirmed former Ohio Attorney General Richard Cordray to serve as the Director of the Consumer Financial Protection Bureau (CFPB) originally conceived by Elizabeth Warren and created by the Dodd-Frank Wall Street Reform Act of 2010. By a vote of seventy-one to twenty-nine, the Senate […]
Written by:Andrew Villeneuve
Categories:Economic Security, Public Service
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Stay home and sleep in this weekend: The Black Friday madness isn’t worth it (literally!)

Excerpt: This weekend is Thanksgiving weekend, traditionally one of the longest weekends of the year (owing to Thanksgiving always falling on a Thursday). It’s also traditionally the beginning of the Christmas shopping season, and is thus a very important time of year for retailers. Since the turn of the century, major retail chains have gone to […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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Occupy offshoot launches “Rolling Jubilee”

Excerpt: Last week an offshoot of Occupy Wall Street launched Rolling Jubilee, a new project billed as “a bailout for the 99%”. The project, which has been generating considerable interest in the financial press, aims to help out ordinary Americans by purchasing and abolishing their debt. It’s a novel idea: Banks sell debt for pennies on […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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After Internet outcry, Verizon backtracks, drops plans to charge $2 “convenience fee”

Excerpt: Chalk up another victory for the Internet: Verizon Wireless has decided it will not institute the fee for online or telephone single payments that was announced earlier this week. The company made the decision in response to customer feedback about the plan, which was designed to improve the efficiency of those transactions. The company continues […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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AT&T throws in the towel, abandons scheme to buy T-Mobile from Deutsche Telekom

Excerpt: For once, federal regulators have done their job and stood up to Wall Street: AT&T said late on Monday afternoon that it had withdrawn its $39 billion takeover bid for T-Mobile USA, acknowledging that it could not overcome opposition from the Obama administration to creating the nation’s biggest cellphone service provider. The company said in […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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A day of action: Progressives across the country use Bank Transfer Day to go bankless

Excerpt: As regular readers know, we at NPI have been longtime champions of member-owned credit unions, particularly since the economic collapse of September 2008 and the subsequent bank bailout. NPI’s staff and board belong individually to different credit unions, and NPI itself is a credit union member. NPI became part of America’s credit union movement well […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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Banks drop plans to charge debit card fees

Excerpt: Bank of America, acknowledging that its latest attempt to shake more money out of its customers’ pockets was destroying goodwill and hurting revenue, announced today that it was canceling its plans to impose a $5 monthly fee for debit card use, following in the footsteps of JPMorgan Chase, Wells Fargo, SunTrust, and Regions, which have […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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Netflix finally listens to its members, drops plans to spin off DVDs-by-mail as Qwikster

Excerpt: Netflix is staying Netflix. The company announced this morning that it was dropping its ill-conceived plans to spin out its DVDs-by-mail into a separate website called Qwikster, after weeks of getting irate emails and phone calls from its members. Dear Member: It is clear that for many of our members two websites would make things […]
Written by:Andrew Villeneuve
Categories:Core Encyclopedia Topics, Economic Security
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