Press Releases

In a historic action expected to save 45 million Americans up to $10 billion every year, the Consumer Financial Protection Bureau (CFPB) finalized a rule to cap most credit card late fees at $8, down from an average of $30. New analysis from government watchdog Accountable.US found that the 8 largest credit card issuers charged consumers billions i

In welcome news for consumers, JetBlue Airways and Spirit Airlines announced the companies are abandoning plans to merge after a federal court ruled in favor of the U.S. Justice Department’s antitrust lawsuit against the proposed deal.

A new report from government watchdog Accountable.US reveals that Pharmaceutical Research and Manufacturers of America (PhRMA)—the top trade group for the largest U.S. pharmaceutical companies—awarded at least $16.1 million to groups opposing the Inflation Reduction Act provision granting Medicare new power to negotiate lower costs on prescription

Today, the US District Court for the District of Delaware released its decision in AstraZeneca Pharmaceuticals LP et al. v. Becerra et al., ruling against the pharmaceutical giant in its attempt to ban Medicare from negotiating lower drug prices with manufacturers under the Inflation Reduction Act. Accountable.US Executive Director Tony Carrk issue

Today, the Consumer Financial Protection Bureau (CFPB) unveiled new guidance for “law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks.” Following the announcement, government watchdog Accountable.US releas