Cash4Gold Supports Regulations Proposed By Congress

Cash4Gold Supports Regulations Proposed By Congress

Cash4Gold supports legislation designed to regulate it and its competitors, according to a letter from the company’s president, Jeff Aronson. “Cash4Gold supports HR 4501, the Guarantee of a Legitimate Deal Act, and the provisions outlined in the bill,” Aronson wrote to two congressman who are backing the bill.

FCC Leaks Summary Of National Broadband Plan

FCC Leaks Summary Of National Broadband Plan

The FCC has released a scan (PDF) of the five-page executive summary of the National Broadband Plan that it will present to Congress in two days. Although the summary is packed with recommendations, here’s a couple that a lot of broadband customers might be interested in: the FCC wants to develop “disclosure requirements for broadband service providers” so that consumers can make the best choice for service, and it wants to map broadband services across the country to better identify “specific geographies or market segments” where there’s not enough competition. [More]

Toyota Boss Accepts Invite From Congress, Unsure Of What To Wear

Toyota Boss Accepts Invite From Congress, Unsure Of What To Wear

Setting up what is sure to be a thrilling showdown like something out of a Highlander movie, Toyota’s President and CEO Akio Toyoda has decided to accept Congressman Ed Towns’ formal invitation to appear before the House Committee on Oversight and Government Reform. [More]

Toyota's Toyoda Gets Formal Invite To Appear Before Congress

Toyota's Toyoda Gets Formal Invite To Appear Before Congress

In the weeks since it was announced that the U.S. Congress would be holding hearings on the current massive recall of Toyotas, the car giant’s president, Akio Toyoda, had been saying “Thanks, but no thanks,” to the idea of appearing before the Committee on Oversight and Government Reform. And then yesterday, he softened a bit, saying he would consider attending the hearing if given a formal invitation. Well, Mr. Toyoda… Ask and ye shall receive. [More]

Toyota Boss Slams Brakes On Speaking To Congress

Toyota Boss Slams Brakes On Speaking To Congress

Even though there’s been talk of issuing a subpoena to Toyota President Akio Toyoda, compelling him to speak before Congress, the big boss at the recall-happy car manufacturer has decided to let others do the talking for him. [More]

Senate Introduces Bill To Rein In Early Termination Fees

Senate Introduces Bill To Rein In Early Termination Fees

Yesterday, four senators introduced legislation to make cell phone early termination fees be actually related to the cost of the phone. [More]

Congress Investigates Airline Fees In Search Of Tax Revenue

Congress Investigates Airline Fees In Search Of Tax Revenue

Congress is concerned about the new fees that airlines seem to enjoy piling on their passengers. But not out of any sense of concern for consumers’ wallets. The problem is the lost tax revenue that airports are missing out on when airlines increase their prices through the use of fees instead of by raising fares.

Health Care Reform Bill Passes House – What's In It?

The House version of the health care reform bill passed the House on Saturday night. Now it needs to be merged with some sort fo Senate version of the bill and signed by the President to become law. So how does this reform bill actually affect consumers?

The Consumer Financial Protection Agency And You

The Consumer Financial Protection Agency And You

Legislation to create a Consumer Financial Protection Agency (CFPA) is making its way through Congress. Interested parties have spoken out (“It sucks!” “It’s awesome!“). Now the White House wants to know what you think.

Senate Protects Employee Rights With Forced Arbitration Ban

Senate Protects Employee Rights With Forced Arbitration Ban

Yesterday, the Senate adopted an amendment that will prevent federal funding from going to any contractor that requires its employees to use mandatory binding arbitration, instead of court, for sexual assault and civil rights claims against the company.

13 More Weeks Of Unemployment Benefits For Some Americans

13 More Weeks Of Unemployment Benefits For Some Americans

On Tuesday, the House voted to extend unemployment benefits for Americans who live in states where the unemployment rate is greater than 8.5 percent. 400,000 people were set to run out of benefits at the end of September, and will now continue to receive them until the end of the year if the bill passes.

Consumer Financial Protection Agency Gets Watered Down

Consumer Financial Protection Agency Gets Watered Down

There’s been so much resistance to the proposed Consumer Financial Protection Agency that Rep. Barney Frank, the chairman of the House Financial Services Committee, has proposed a less powerful version of the agency in an attempt to get it passed. Here’s what’s changed:

Congress Seeks To Move Up Credit Card Act Implementation To December 1st

Congress Seeks To Move Up Credit Card Act Implementation To December 1st

Today, Reps. Barney Frank and Carolyn Maloney are going to request that the implementation date for the rest of the Credit Card Act‘s rules be moved to December 1st of this year instead of February 2010, after seeing companies “jacking up their rates and doing other things to their customers in advance of the effective date” all summer, reports Mary Pilon at The Wall Street Journal.

Chamber Of Commerce Attacks Proposed Consumer Financial Protection Agency

Chamber Of Commerce Attacks Proposed Consumer Financial Protection Agency

Maybe you forgot about the proposed Consumer Financial Protection Agency in all the health care sound and fury, but it’s still out there, and financial companies are still very much against it. Now the U.S. Chamber of Commerce is launching an ad campaign that shifts the focus from credit card companies to smaller businesses that they insist will be affected, although the scope of the proposed agency is still kind of unclear.

Congress Tries To Bottle Up Prescription Drug Ads

Congress Tries To Bottle Up Prescription Drug Ads

One reason health care is so expensive is pharmaceutical companies spend so much money buying TV and magazine ads to teach us about our health problems we weren’t even aware of (restless leg syndrome, anyone?) then provide the wonderdrugs to cure the maladies.

Senate $2 Billion Approves Cash For Clunkers Extension

Senate $2 Billion Approves Cash For Clunkers Extension

The Senate has approved $2 billion in additional funding for the CARS or Cash for Clunkers program. Of course, the perennial buzzkills at Consumer Reports Cars had to find a downside to the program’s continuation.

Cash For Clunkers Restarted With $2 More Billion

Cash For Clunkers Restarted With $2 More Billion

Earlier today, the House approved an additional $2 billion for the Cash for Clunkers program. Don’t celebrate yet, though. Consumer Reports Cars warns that it’s best to wait a while before trying to trade in your inefficient car to make sure that the program stays in place, and that you really will get your rebate. (Photo: G Travels)

Houses Passes Strong Food Safety Reform

Houses Passes Strong Food Safety Reform

The House of Representatives just passed the bipartisan Food Safety Enhancement Act of 2009. If enacted, the legislation would strengthen the FDA, increase inspections of food facilities, and hopefully ensure that tragedies like the Peanut Corporation of America salmonella outbreak become a thing of the past.