Category Archives: CFC in the News
CFC in the news: FTC proposes new rule to ban junk fees, offer transparent pricing
ABC 7 || Story by Michael Finney SAN FRANCISCO (KGO) — Buy a ticket to nearly any sporting event and you could be hit with junk fees. Complaints about add-on fees for concerts are legendary. Many San Francisco restaurants charge add-on fees that are only disclosed on the … Read More ›
Consumer groups ask CA governor to halt insurance industry discussions, say they’ve been left out
CFC in the News || By Michael Finney || ABC 7 SACRAMENTO, Calif. (KGO) — Information floating around Sacramento points to an industry push for a major change in California’s insurance regulations. “Rumors are abundant, but the thread through all of this is the consumer groups — we … Read More ›
Ticketmaster’s Taylor Swift ticket debacle set off huge fan outrage, but state and federal governments aren’t making expected reforms
CFC in the News || When thousands of fans couldn’t get tickets for megastar Taylor Swift’s summer stadium tour, some diehards paid upwards of 70 times face value to see their favorite artist in person — an outrage that prompted Congressional hearings and bills in state legislatures to better protect consumers. Read the … Read More ›
California lawmakers act after Taylor Swift ticket fiasco. Ticketmaster tries to shake it off.
CFC in the News Read the full LA Times Article Here. ###
Pricey Napa policy summit raises concerns for social media accountability groups
August 03, 2022 By Ashley Zavala || KCRA 3 || Read Article “It’s why people are very cynical about politics and politicians,” said Robert Herrell, executive director of the Consumer Federation of California. “None of the parents whose kids committed suicide because of social media addiction and … Read More ›
CFC in the News: Vote no on Prop. 24, a flawed privacy initiative
Click here to view article | April 13, 2020 | SF Chronicle | Editorial
California forces auto insurers to refund policyholders, but doesn’t specify how much
CFC in the News | April 13, 2020 | Mercury News | By Michael Nowels Petition filed by the Consumer Federation of California in late march of 2020. Read more here >>
Senate committee disses California’s big cryptocurrency push
April 05, 2022|By Susannah Luthi | POLITICO A representative for Yee and the Consumer Federation of California logged their opposition to the bill. In a letter to the committee and Kamlager, the Consumer Federation’s CEO Robert Herrell also stressed the digital currencies’ “wild fluctuations” that leave consumers “completely … Read More ›
A new California law could make your next car rental more expensive
February 24, 2022|By William P. David| THE NEW YORK TIMES “It’s just another way to get additional money without having it show up in the rack rate or the base rate on the car,” Robert Herrell, the executive director of the Consumer Federation of California, told me. “We … Read More ›
Wells Fargo Resolves Investigations with $575 Million Settlement
by KQED Forum, KQED
San Francisco-based Wells Fargo has agreed to pay $575 million to resolve multiple investigations into misconduct at the bank, including inquiries stemming from the 2016 revelation that bank employees were opening accounts for customers without their knowledge. Read More ›
Legislation introduced to address Wells Fargo scandal
“Wells Fargo’s customers were ripped off twice,” said Richard Holober, Executive Director of Consumer Federation of California. “First, the bank created two million fraudulent accounts. Then when consumers tried to sue, the bank forced them into company-dominated arbitration hearings. SB 33 will guarantee that the victims of a bank’s identity theft will get their day in court.” Read More ›
Talks begin over bill inspired by Wells Fargo scandal
by Dominic Fracassa, San Francisco Chronicle
Legislative deliberations continued Tuesday over a bill that seeks to prevent financial institutions accused of defrauding their customers from pulling legal disputes out of the state court system and into private arbitration. Read More ›
California bill seeks to help fraud victims of banks
[Senate Bill 33] would help victims of fraud committed by their financial institution after thousands of Americans fell victim to a Wells Fargo scandal. Read More ›