Coalition Efforts
Consumer Action is working on these important issues along with other organizations. If you would like to know more about these issues, please see the "For More Information" within each effort.
Postings
Attacks on Community Reinvestment Act are misguided
Consumer Action joined in a letter defending the Community Reinvestment Act (CRA) from attacks that claim it is a part of the reason for the country's financial crisis.
Support court-supervised loan modifications in bailout
Consumer Action joined in a letter urging Congress to include provisions in financial rescue legislation that allows homeowners to restructure and modify their mortgage loans through Chapter 13 bankruptcy courts.
Protect credit cardholders in bailout legislation
Consumer Action joined in a letter asking the Senate to make sure credit card consumers aren't gouged by the same banks being financially rescued by the federal government.
Main Street principles should guide Wall Street rescue
In a letter to key lawmakers in both the U.S. House of Representatives and the Senate, Consumer Action and its coalition members urged Congress to consider the public interest above private interests in the government's planned financial bailout.
Congress shouldn’t forget the Credit Cardholders’ Bill of Rights
Consumer Action joined in a letter to Barney Frank, Chairman of the Financial Services Committee in the United States House of Representatives, in support of H.R. 5244, the Credit Cardholders' Bill of Rights Act. (Note: This bill passed the House of Representatives in Sept. 08)
Fannie Mae and Freddie Mac should remain focused on their missions
In a letter to the Director of the Federal Housing Finance Agency (FHFA), Consumer Action and its coalition members outlined ways to continue and improve the role of Government Sponsored Enterprises (GSEs) in affordable housing.
DOJ’s opposition to Nursing Home Arbitration Act unfounded
In a letter to Senator Patrick Leahy, Chairman of the Senate Judiciary Committee, Consumer Action and its coalition partners point out flaws in the Department of Justice's objections to S.2838, the Fairness in Nursing Home Arbitration Act of 2008.
California bill forces retailers to protect data
California lawmakers approved a bill that would force retailers to implement stringent protections against identity theft before storing customers' personal information, including credit card account numbers, verification codes, or personal identification numbers.
Court should protect citizens from unfair credit card practices
Consumer Action joined in a letter asking the California Supreme Court to grant a review of the decision handed down in Ball v. FleetBoston Financial Corp, which held that the Consumer Legal Remedies Act does not prohibit deceptive and unfair practices by credit or credit card issuers.
Consumer Action testifies on universal postal service
Consumer Action's Linda Sherry, Director of National Priorities, testified about postal consumer concerns before the Postal Regulatory Commission.