Ex-student loan official who resigned from CFPB in protest launches new watchdog group

by Jillian Berman, Marketwatch

Image courtesy of Pexels

Seth Frotman, who resigned in protest earlier this year from his position as the Consumer Financial Protection Bureau’s student loan ombudsman, announced Wednesday that he’s launching a new organization aimed at tackling the nation’s student loan problem. Read More ›

California bans toxic flame retardant chemicals in furniture

Consumers, firefighters, environmental and public health advocates overcome decade long resistance from chemical manufacturers Read More ›

The perils of microtask work

by Megan Geuss, Ars Technica

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Microtask platforms recruit humans to do the rating, tagging, review-writing, and poll-taking work that can’t quite be automated with an algorithm yet. A new study from the United Nations’ International Labor Organization (ILO) questions whether these platforms are as good for society as the Silicon Valley investors and digital evangelists claim. Read More ›

The final insult for desperate job seekers: Employers doing credit checks

by Jacob Passy, MarketWatch

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A new working paper demonstrates how pre-employment credit screenings perpetuate the ‘poverty trap.’ Read More ›

Facebook is letting job advertisers target only men

by Ariana Tobin & Jeremy B. Merrill, Ars Technica (via Propublica)

Photo courtesy of Pexels

Hundreds of thousands of Americans drive for Uber. And the company is looking for many more. It runs ads on Facebook that say, for example, “Driving toward something? Make extra money when it works for you and get there faster.” There’s just one catch: Many of those ads are not visible to women. Read More ›

CFC-sponsored garage safety law signed by Governor

Governor Brown signed Senate Bill 969, a new law designed to save lives in home fires. The Consumer Federation of California sponsored SB 969 by Senator Bill Dodd, which requires newly sold or installed electric garage door openers to be equipped with a battery backup to prevent people … Read More ›

A California Supreme Court case started as a $7,812.03 hospital bill

by Barbara Anderson, Fresno Bee

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The Fresno case began after a patient disputed a bill he received for treatment of an injured wrist at the emergency department at Community Regional Medical Center. A couple of X-rays and a splint resulted in a bill totaling $7,812.03. Read More ›

California Supreme Court rules some consumer loans so expensive they break the law

by James Rufus Koren, Los Angeles Times

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California’s high court has ruled that interest rates on consumer loans can be so high that they become “unconscionable” and, therefore, illegal — a decision that could call into question the validity of millions of loans and upend the state’s subprime lending market. In a unanimous opinion … Read More ›

Poll: Majority of likely voters support CFPB mission

by Sylvan Lane, The Hill

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The results found broad support for the CFPB’s historically aggressive oversight coupled with opposition to changes implemented or proposed by Acting Director Mick Mulvaney. Read More ›

CFC supports AB 3080 (Gonzalez Fletcher)

The Consumer Federation of California supports AB 3080 (Gonzalez Fletcher), which will prevent employers from requiring workers to sign waiver of rights agreements as a condition of employment. These rights include: (1) disclosing to any person an instance of sexual harassment that the employee or independent contractor … Read More ›

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