Table of Contents

Opposition to amendments that would strip agencies’ powers to protect consumers
In a letter to Senators Murray and Collins, allies strongly opposed any amendments to the Fiscal Year 2024 Military Construction, Veterans Affairs, and Related Agencies Appropriations Act that include provisions that would thwart necessary rulemaking to protect consumers.

Credit Card Competition Act would break up Visa-Mastercard duopoly
Advocates urged members of Congress to swiftly pass the Credit Card Competition Act in an effort to address the Visa-Mastercard duopoly in the U.S., which has resulted in the highest credit card swipe fees in the industrialized world.

Bank CEOs are urged to make good on promises to close racial wealth disparities
A hundred advocacy groups submitted letters to more than 40 bank CEOs urging them to make good on comments made to close racial wealth disparities and invest in traditionally underserved communities following the widespread racial justice protests of 2020.

Call for an AI Bill of Rights
A range of advocacy groups joined in a letter calling upon the Biden-Harris administration to make the White House Blueprint for an AI Bill of Rights binding U.S. government policy for the federal government’s use of AI systems.

Big Pharma and industry groups should drop lawsuits attempting to block drug price negotiation
More than 70 organizations demanded that Big Pharma executives and industry groups end their resistance to drug price negotiation under the Inflation Reduction Act.

Homes Guarantee coalition asks FHFA to impose tenant protection requirements on borrowers
A coalition of housing and consumer rights advocates urged the FHFA, as the regulator and conservator of Fannie Mae and Freddie Mac, to implement tenant protections in rental units with mortgages backed by Fannie and Freddie.

Proposed rule would protect future PACE borrowers
The comments submitted by advocates urge the CFPB to quickly finalize its proposed rule on Property Assessed Clean Energy (PACE) financing and to protect consumers by monitoring and developing guidance for other emerging green lending products.

Coalition supports FHFA’s proposed rulemaking on fair lending oversight and equitable housing finance
The Language Access Task Force of Americans for Financial Reform (AFR) expressed support for the Federal Housing Finance Agency’s proposed rulemaking related to equitable and accessible housing financing.

Key policies recommended to expand access and lower insulin prices
Consumer Action and dozens of other advocacy organizations joined in a letter urging Majority Leader Schumer to include key policies to expand access and lower insulin prices in the anticipated drug pricing package.

FTC’s proposed Negative Option Rule would protect consumers from unwanted automatic subscription renewals
A half-dozen advocacy organizations, including Consumer Action, wrote a letter to the Federal Trade Commission supporting the agency’s proposal to strengthen its Negative Option Rule—an effort to protect consumers from unwanted automatic charges when a subscription trial period ends.