Illinois PIRG Education Fund Latest Blog Posts

Since its formation in 2011, the Consumer Financial Protection Bureau (CFPB) has proven itself a worthy cop on the financial beat: It has already returned more than $1.5 billion in unfair bank and credit card fees to consumers. Yet too many people may still be unsure how to get the most out of this new federal agency.

It’s up to the IRS to ensure that nonprofits are not being used as illicit vehicles to funnel untraceable money into our elections. However the agency’s handling of this responsibility has been thoroughly outrageous, the latest scandal being just the latest example of disturbing action—or, as has been more often the case, inaction. 

Ventra is the new payment system for Chicago transit that will eventually allow customers to use a single fare card for regional transit throughout the Chicago area.  The new "Ventra Card" will include  the option of registering for a prepaid debit card - but you need to be careful.  This prepaid debit card can leave you on the hook for hidden fees and unpredictable charges.  

 

Illinois PIRG is highlighting a series of privatization mistakes that demonstrate the need for oversight, transparency and accountability in any attempt to privatize a city service or asset.  By shining a light on privatization deals gone awry, we hope to prevent bad deals that harm the public interest in the future.  

 

In part one, we'll examine how a contract that combined restrictive arbitration clauses and non-competes ended up costing the city millions - all because of one simple human error. 

Two years ago, the public spoke out against the Supreme Court’s decision to allow unlimited corporate spending in politics when consumers boycotted Target Corporation for controversial political spending in Minnesota’s state elections. That's why today, at the Target Corporation shareholder meeting in Chicago, shareholders will have an opportunity to vote on a resolution filed by Green Century Funds that calls for an end to the use of shareholder money to influence elections.