legislation

Lawmakers Continue Crusade To Rein In For-Profit Colleges Targeting Servicemembers

Lawmakers Continue Crusade To Rein In For-Profit Colleges Targeting Servicemembers

In recent months federal regulators and government agencies have increased scrutiny of for-profit colleges and their interactions with servicemembers, veterans and their families. Today, lawmakers furthered that mission by introducing legislation that would restore previous limits on how much money these educational institutions can receive from the federal government via military benefits and other programs.  [More]

Lawmakers Introduce Legislation To Curtail Surprise Medical Bills

Lawmakers Introduce Legislation To Curtail Surprise Medical Bills

There are good surprise and there are bad surprise. Falling into the latter category are unexpected medical bills, which affect nearly 30% of privately insured Americans. This week, lawmakers took steps to shield consumers from these often burdensome tabs.  [More]

Beauty Products Sold In California To Be Microbead-Free By 2020

Beauty Products Sold In California To Be Microbead-Free By 2020

While a bill that would have prohibited the use of tiny microbeads in face wash and other personal products nationwide died in Congress last year, California didn’t give up its fight to keep the microscopic plastic spheres from entering its waterways and turning up inside the stomach of consumers’ seafood, passing legislation that bans the use of the products in the state by 2020.  [More]

New Bill Would Punish Corporate Execs With Jail Time For Lying About Deadly Products

New Bill Would Punish Corporate Execs With Jail Time For Lying About Deadly Products

Even though General Motors has acknowledged that more than 100 people died because the carmaker failed to fix defective ignition switches, the recent $900 million settlement with federal prosecutors means that not a single person at GM will see a day behind bars. A newly introduced piece of legislation hopes to hold corporate officers accountable when they conceal information about potentially deadly products. [More]

Legislation Would Hold For-Profit College Leaders Accountable For Misrepresentations

Legislation Would Hold For-Profit College Leaders Accountable For Misrepresentations

Lawmakers on Tuesday continued their mission to protect consumers from unscrupulous players in the for-profit college industry by introducing legislation that would impose stiffer penalties and restrictions on the leaders of such institutions.  [More]

Legislation Once Again Takes Stab At Allowing Borrowers To Refinance Student Loans

Legislation Once Again Takes Stab At Allowing Borrowers To Refinance Student Loans

Lawmakers have renewed their support for students buried under piles of educational debt by — yet again – introducing a bill that would allow borrowers to refinance their student loans. [More]

Alan Cleaver

Countless Consumers Are Paying Off Someone Else’s Debt Because Of Default Judgments

Imagine receiving a phone call that 25% of your wages are going to be garnished because of a credit card account opened 14 years earlier that was never paid off. Making things worse, you know you didn’t have a credit card from the bank in question at that time, so it can’t possibly be your debt. This should be an easily remedied error, but not if a court has already granted a default judgment against you, making you responsible for paying back money that you didn’t owe and didn’t find out about until it was too late. [More]

Servicemembers At Failing For-Profit Schools Not Protected By Veterans Affairs

Servicemembers At Failing For-Profit Schools Not Protected By Veterans Affairs

When a for-profit college closes its doors, students are often left with hefty student loan tabs and little recourse. Some of those borrowers may be eligible for a discharge of their debts through the Dept. of Education, but others – like the thousands of veterans who used their GI Bill benefits to finance their education – are simply out of luck, often losing their chance to obtain a degree, thanks in part to failures within the Department of Veterans Affairs. [More]

Legislation Would Prohibit Employers From Looking At Credit Reports During The Hiring Process

Legislation Would Prohibit Employers From Looking At Credit Reports During The Hiring Process

A poor credit report can have a devastating impact on a consumers’ life – preventing them from receiving needed lines of credit, losing out on renting or buying a home, or even being passed over for a job. But one of those issues could be a thing of the past with the reintroduction of legislation that would prohibit potential employers from using credit history during the job screening process. [More]

Bill Would Create Program To Notify Drivers Of Safety Recalls When Applying For Registration

Bill Would Create Program To Notify Drivers Of Safety Recalls When Applying For Registration

Earlier this year, legislators introduced a bill that would require consumers to fix any outstanding safety recall on their vehicle before a registration renewal would be granted. While that measure has gone nowhere since March, a newly introduced highway reauthorization bill includes a provision that would create a pilot program for a similar plan. [More]

Senate Committee Votes Down Several Auto Safety Reforms

Senate Committee Votes Down Several Auto Safety Reforms

Since automakers began recalling vehicles in force last year – punctuated by the millions of models covered by General Motors’ massive ignition switch defect and Takata’s explosive airbags – lawmakers have been trying to push through reforms that would make it more difficult to keep potentially deadly automobiles on the roadways. But proposed laws such as those that would impose fines on owners of vehicles who don’t follow-through with recall repairs or barring used car dealers from selling vehicles with unrepaired recalls likely won’t see the light of day after being voted down by a Senate committee last week. [More]

Lawmakers Introduce Legislation That Would Give Legal Marijuana Businesses Access To Banking Services

Lawmakers Introduce Legislation That Would Give Legal Marijuana Businesses Access To Banking Services

One of the biggest challenges facing the new legal marijuana industry comes down to money: now that businesses in certain states have gotten the go ahead to sell weed, many of them are stuck in a tough spot when it comes to actually dealing payments for their products, since the drug is still illegal under federal law. A group of senators is seeking to change that, introducing a bill that would take the heat off legal marijuana operations and give them access to banking services.

[More]

Legislation Would Allow Some Rental Car Companies To Rent Vehicles Under Recall If They Give Notice

Legislation Would Allow Some Rental Car Companies To Rent Vehicles Under Recall If They Give Notice

In 2014, auto manufacturers recalled nearly 60 million vehicles, including millions that are handed from one customer to another by rental companies. While the major rental car companies promised back in 2012 that they would stop renting and leasing recalled vehicles, new legislation would allow some to send potentially dangerous cars back on the road. [More]

House, Senate Introduce Legislation To Cover The Cost Of Community College

House, Senate Introduce Legislation To Cover The Cost Of Community College

Back in January, the White House proposed a plan to help offset the increasing cost of higher education for millions of prospective students: Offer free community college. Yesterday, companion bills introduced in the House and Senate take that idea and make it a reality. [More]

Senators Introduce Legislation To Close Federal Funding Loophole Exploited By For-Profit Colleges… Again

Senators Introduce Legislation To Close Federal Funding Loophole Exploited By For-Profit Colleges… Again

Legislators continued their crusade to rein in the abuses of predatory for-profit college institutions by introducing a measure today that would close a funding loophole that often led the schools to target certain consumers in order to pad their bottom line. [More]

Congress Takes Another Stab At Undercutting Gainful Employment Rules Two Weeks Before Implementation

Congress Takes Another Stab At Undercutting Gainful Employment Rules Two Weeks Before Implementation

The Department of Education’s long-awaited gainful employment rules – aimed at reining in the for-profit college industry – go into effect on July 1. But just because there are only 14 days before implementation, doesn’t mean those opposed to the regulations are giving up their fight. [More]

Tesla Won’t Be Selling Cars Directly In Texas For At Least Another Two Years

Tesla Won’t Be Selling Cars Directly In Texas For At Least Another Two Years

Tesla won’t be conquering the Lone Star state anytime soon, as bills in front of the Texas legislature that would allow direct-to-consumer sales by the electric car maker likely won’t see the light of day until 2017, when the next regular legislative session begins. [More]

Uber Halts Operations In Kansas After Legislature Votes To Mandate Background Checks, Insurance Coverage

Uber Halts Operations In Kansas After Legislature Votes To Mandate Background Checks, Insurance Coverage

It seems like every few months a new city or state announces it will no longer allow Uber to operate in its jurisdiction. But in a slight change of pace, the ride-sharing company is actually taking itself out of the equation in Kansas. [More]