Tag Archives: 2017 legislation

CFC supports AB 502 to compensate victims of elder financial abuse

AB 502 (Waldron) would establish a three year pilot program to allow victims of elder or dependent adult financial abuse to receive compensation from California’s Victim Compensation Fund (VCF). CFC 5/22/17 letter to Assembly Appropriations CFC 3/31/17 letter of support Learn more Check votes Updates 4/26/17 Placed … Read More ›

CFC Supports SB 202 (Dodd)

SB 202 (Dodd) will increase the dollar amount residents on Medi-Cal, who live in skilled nursing facilities, receive each month to cover their “personal and incidental” expenses from the current $35 to $80 per month. This amount has not been increased in 33 years. Our 5/22/17 letter … Read More ›

CFC supports worker right to know about toxics in cosmetics (AB 1575)

Manufacturers must list ingredients on the labels of cosmetics sold at the retail level (like a Target or Walgreen’s store)—this is good for the people who sell, buy, and use those products. In contrast, chemical ingredients in professional cosmetics do not have to be listed on product … Read More ›

CFC strongly supports healthcare for all with SB 562

CFC strongly supports SB 562 (Lara), which will ensure every Californian has access to medical care–essentially, Medicare for All. SB 562 would create a true single-payer health program and cost control system. It would eliminate uncontrollable co-pays, high deductibles, and reduce insurance company waste and duplication. Our … Read More ›

CFC supports AB 859

AB 859 (Eggman) will protect seniors abused in nursing homes and discourage facilities from destroying legal evidence in violation of the law. Read More ›

Legislation introduced to address Wells Fargo scandal

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“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

Senator Bill Dodd presenting SB 33 at State Capitol, May 2.

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

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[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 ›

Wells Fargo Identity Theft Racket Inspired SB 33 (Dodd): Justice for Victims

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October 4 Update: Jerry Brown signed SB 33 into law. The Consumer Federation of California is co-sponsoring legislation by State Senator Bill Dodd (D-Napa) inspired by Wells Fargo’s fraudulent creation of two million customer accounts. Senate Bill 33 will make sure that in the future, victims of … Read More ›

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