Most of the time, consumer interactions with businesses go just fine. We give a company our money, they provide us with goods or services, and everyone is happy. But sometimes, things go awry. The customer isn’t happy, the business doesn’t make it right, and we complain: not just to the business, but to Facebook, Twitter, or Yelp. And that, too often, is when the story starts to get even uglier.
The Department of Defense is trying to do something good for servicemembers by closing loopholes in the Military Lending Act that can leave military personnel vulnerable to predatory lenders. But these safeguards are now the target of a Congressman who has received substantial campaign contributions from payday lenders. [More]
We’re barely into May, and it’s already been an incredibly busy year for the FCC. Even major issues like a spectrum auction and a ruling on municipal broadband were overshadowed by the two huge proceedings around net neutrality and the Comcast/TWC merger. And so when FCC chairman Tom Wheeler sat down for a “fireside chat” at the TechCrunch Disrupt conference in New York this week, he had a lot to say.
Yesterday we reported that Congress would make a decision whether or not it would intervene to slow the Department of Defense’s work to create new rules aimed at closing loopholes in the Military Lending Act that often leave military personnel vulnerable to predatory financial operations. Thankfully, legislators saw the need for more protections regarding military lending and determined the rules could go into effect as planned. [More]
It’s been two years since we found out that the NSA has been quietly scooping up basically everyone’s phone records, willy-nilly, without warrants. The revelations of widespread surveillance freaked plenty of people out, but under existing law, the agency has acted legally. To get change, then, you’d need to change the law… and Congress has 33 days remaining in which to do exactly that.
When the new gainful employment rules take effect later this year, for-profit educators would need to demonstrate that their programs are actually training graduates to earn a living. But a pending piece of legislation seeks to give these schools a free pass to billions of dollars in federal student aid.
Congress One Step Closer To Granting Fast-Track Authority For Passing Mysterious Trans-Pacific Trade Treaty
Global trade deals are kind of arcane stuff. Diplomats spend years or decades negotiating them, in an endless series of meetings around the world. Not only do all the i’s need to be dotted and t’s crossed, but every a, an, and, if, then, and but needs to be reviewed, revised, discussed, and agreed upon ten times over. It’s a laborious process.
FCC chairman Tom Wheeler was once again called before Congress today. His task: to justify the commission’s vote to protect consumers from the potential, likely harms of monopoly ISPs out to make a buck in any way they can. Or, in other words, to defend the agency’s recent vote on net neutrality.
Antibiotic resistance is a big problem. Farmers know it. Consumer advocates know it. Doctors, the CDC, and the FDA all know it. You know it. And the largest contributor by far to the crisis is the 80% of antibiotics that are used in industrial farming. And Congress is, once again, taking a stab at making agricultural antibiotic abuse against the law before it’s too late.
Since 2005, student borrowers have been unable to discharge their private student loans through the process of bankruptcy. But that could soon change after a group of 12 senators introduced a bill aimed at addressing the current student debt crisis by restoring the bankruptcy code to hold private student loans in the same regard as other private unsecured debts. [More]
Since its creation as part of the 2010 Dodd-Frank financial reforms, the Consumer Financial Protection Bureau has been a target of pro-bank, anti-regulation lawmakers who contend that the agency lacks legislative oversight and puts too much authority in the hands of a single director. With the recent political power shift in the Senate and another presidential election on the horizon, some advocates are concerned that the anti-CFPB movement may take hold on Capitol Hill. [More]
Everything you do online — on your phone, on your computer, with anything — leaves a digital wake. Put those trails together and you’ve got one massive big data industry that can (and does) track it all and sell it to the highest bidder. After decades of digital detritus building up, regulators and Congress both are contemplating some steps that would help protect consumers’ info.
Congress is just all up in the FCC’s business lately, it seems. Earlier this week, lawmakers in both houses proposed their own version of net neutrality, one that would also strip the FCC of its own authority to regulate broadband in the future. Today, there’s a bill looking to jump into one of the FCC’s other big issues right now: state laws that prohibit communities from developing municipal broadband.
It’s been a busy day for tech talk in Washington. Today, both the House and the Senate held hearings on net neutrality and a proposed bill to regulate it. A parade of former regulators, lobbyists, business representatives, lawyers, and consumer advocates sat on Capitol Hill and once again hashed through the debate, while elsewhere in the District, a current FCC commissioner was giving a lunchtime speech about why the FCC shouldn’t regulate at all.
Congress Lines Up FCC Commissioners-Turned-Lobbyists For Hearing To Say Why Congress’s Bad Net Neutrality Proposal Is Great
Depending on your point of view, Congress has been either promising or threatening to come up with a legislative solution to net neutrality, which would do an end-run around the current FCC debate. As of this afternoon, the first draft of the bill is out and the first hearings are on the schedule. So how does it look for fans of an open internet?
Large swaths of Congress are not pleased with the FCC’s moves towards regulating net neutrality, and they got even less pleased after the President threw his weight behind Title II and the FCC started to move in that direction. With the FCC set to vote in February, time for Congress to stick its oar in is running out. So now, in addition to the proposed bill that would bar the FCC outright from using Title II, there will soon be proposed new legislation afoot that seeks to do the FCC’s job for it, without letting the FCC in at all.
The new month and new year brought with them a new Congress, and with that comes an all-new legislative agenda. Lawmakers get to start over with the process of introducing bills and hopefully passing some laws, and consumer advocates are calling on the President and all the legislators on Capitol Hill to get moving on an agenda to help American consumers.