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Millions of struggling families need housing counseling now
In the economic fallout of the current pandemic, more than 20 million Americans are out of work. Black and Latino workers are experiencing disproportionate economic challenges, including an unemployment rate of 16.8 percent and 17.6 percent, respectively. American households are expected to face a wave of evictions and foreclosures even worse than they experienced in the last financial crisis. Coalition advocates wrote to Congress in support of the Coronavirus Housing Counseling Improvement Act, which expands access to housing counseling so that these individuals and families can get help in finding affordable ways to stay in their homes.

More than 100 non-profit groups support bill that would require corporations to disclose important data to address potential profit shifting
A coalition of more than 100 non-profit groups called on Reps. Waters and McHenry to consider country-by-country reporting in the Disclosure of Tax Havens and Offshoring Act (H.R. 5933). The bill would require large, publicly-traded corporations to disclose key financial information (e.g. profits, revenues, taxes, number of employees, etc.) on a country-by-country basis to better inform taxpayers, investors, policymakers, academics, and other stakeholders and ensure that we emerge from the COVID-19 pandemic on the path to sustainable and equitable economy.

FDIC plans to preempt state lending protections is met with ire from advocates
Consumer Action joined with a broad coalition of advocacy organizations in warning the Federal Deposit Insurance Corporation (FDIC) that its proposed rule for chartering additional underregulated Industrial Loan Companies (ILCs) would expand predatory, high-interest lending. The plan would grant the predominantly online non-bank companies that are approved for an ILC with preemptory powers over state consumer protection laws, including interest rate caps. The FDIC is already turning a blind eye to rent-a-bank schemes where non-bank lenders piggyback off ILC and bank charters to issue loans of around 100% APR and higher.

Labor Department should withdraw policy that lets private equity loot retirement plans
Nineteen organizations and individuals that advocate on behalf of consumers, workers, investors and retirees have called on the Department of Labor (DOL) to withdraw its controversial policy statement opening the door to private equity investments in 401(k) plans. These investments are likely to saddle middle-class retirement savers with high costs and lock them into unnecessarily complex investments that underperform publicly available alternatives. The coalition called on DOL to withdraw the policy statement until it can conduct a more careful and balanced analysis of the potential risks and benefits of including a private equity component in retirement plan investments.

Over 100 organizations join together to oppose Trump nominee
Nancy Beck, the Trump Administration Nominee to chair the Consumer Product Safety Commission (CPSC), would be disastrous to consumers everywhere if confirmed. The CPSC is responsible for protecting consumers from hazards posed by consumer products. In a historic show of solidarity, over 100 consumer and environmental groups joined together in opposition to Ms. Beck's nomination. Throughout her career, Ms. Beck has opposed and weakened standards that impact our health, safety, and environment, particularly with respect to toxic chemicals. If confirmed to lead the CPSC, she will be empowered to do even more damage to public health and consumer protection for many years to come.

Protection of democracy and privacy are critical as tech responds to pandemic
Over 80 civil rights, civil liberties, labor, and consumer protection organizations released principles to guide employers, policymakers, businesses, and public health authorities as they consider strategies to reopen American society and deploy information technologies designed specifically to monitor, track, or trace individuals in order to mitigate or respond to the COVID-19 public health crisis. The groups note the need to protect the civil rights and privacy of all persons, especially communities of color and other populations who are at high risk for the virus, when considering the deployment of technological measures.

AbbVie—Allergan merger a bad deal for consumers
As the Federal Trade Commission signs off on the $63 billion deal between AbbVie and Allergen, advocates warn that the merger will reduce competition in a number of markets where AbbVie and Allergan directly overlap with each other. The deal will also exacerbate competitive problems that already exist in the pharmaceutical drug industry relating to rebate walls and patent abuses.

DOT’s proposed rules favor airlines over passengers
Consumer groups called the Department of Transportation’s (DOT) proposal to modify how it protects passengers from unfair and deceptive acts and practices in the air travel marketplace "fatally flawed” and urged the agency to abandon its rulemaking. Consumer advocates argue that the proposed rules, formulated at the behest of the airline lobby, would not benefit consumers. If adopted, they would give airlines even greater incentives to engage in the kinds of anti-passenger practices—like leaving passengers stuck on the tarmac for hours on end—that Congress intended the DOT to prevent.

Protect the Pell Grant during and after the COVID-19 crisis
As lawmakers work on providing economic relief to American families amid the COVID-19 crisis and move forward with the FY21 appropriations process, it is critical that they invest in and protect the Pell Grant program - the nation's cornerstone investment in higher education - to ensure students have the funds to pursue postsecondary education during this emergency and in its aftermath.

Protect consumers from price gouging during a state of emergency
In a letter to the California state legislature, advocates urged support of Senate Bill 1196, which aims to combat price gouging in the state of California during a declared state of emergency. In the midst of the COVID-19 pandemic, California has seen countless examples of unscrupulous individuals using the crisis as an opportunity to turn a profit on essential goods and services. SB 1196 will tighten California law to assist law enforcement officials in prosecuting instances of price gouging that are committed by new sellers during an emergency.

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