Table of Contents

Groups support proposed CFPB rule to ban medical debt reporting
In comments to the Consumer Financial Protection Bureau, advocates expressed support for proposed rulemaking that would ban medical debts from credit reports, but also urged the agency to ban medical debts charged to medical and general-purpose credit cards.

Advocates support consumer protections for green lending
A letter from Americans for Financial Reform and more than 40 signers, including Consumer Action, urged government agencies to implement robust protections for consumers using green lending products, which, while providing financing for projects aimed at reducing energy costs and protecting households from climate change impacts, may expose consumers to predatory financing, unsuitable products and outright fraud.

Advocates support bill to increase protections for bank account and payment app users
Consumer Action was among supporters of federal legislation designed to protect consumers from fraud perpetrated via person-to-person payment apps and bank accounts, which resulted in reported losses totaling $10 billion in 2023.

Task force urges steps to prevent prescription drug shortages
The Task Force on Preventing and Mitigating Drug Shortages, of which Consumer Action is a member, urged lawmakers to prioritize the issue of preventing and mitigating drug shortages—a situation that has for years impacted millions of Americans and resulted in serious negative consequences for patients, health systems and hospitals.

Advocates support review of Federal Home Loan Banks mission
The Coalition for Federal Home Loan Bank Reform and dozens of other advocacy organizations submitted a letter to the Federal Housing Finance Authority urging reforms to the Federal Home Loans Banks mission statement.

Coalition supports the Stop Corporate Capture Act
The Coalition for Sensible Safeguards wrote to House leadership to express strong support for the Stop Corporate Capture Act (HR 1507), which would codify Chevron deference into law and protect regulatory agencies’ ability to protect the public.

Consumer Action endorses National Tenants Bill of Rights
Consumer Action gave its endorsement to a proposed National Tenants Bill of Rights, which would correct the power imbalance between tenants and landlords.

Support for legislation to lower prescription prices for U.S. consumers
Consumer Action expressed support for legislation that would amend the Federal Food, Drug, and Cosmetic Act to allow American wholesalers, pharmacies and individuals to import affordable and safe drugs from Canada, the United Kingdom, the European Union, and Switzerland as a way to make prescriptions more affordable.

97 organizations sign letter opposing House Majority’s FY25 spending proposal
Nearly a hundred organizations voiced their opposition to the House Majority’s FY25 spending proposal, which would make drastic cuts to the IRS and block implementation of the new Direct File program, which provides a free tax filing option for eligible taxpayers.

Organizations comment on proposals to reform the bank merger process
Consumer Action added its name to comments to the OCC and FDIC regarding regulatory proposals to reform the bank merger process, which the organizations contend are strongly biased in favor of merger approval, with little consideration for how communities are impacted.