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Blog Post | Consumer Protection

Wall Street Gets Rare House Floor Defeat | Ed Mierzwinski

UPDATED 12 Jan 2015 (adding opposition to Regulatory Accountability Act): House leaders miscalculated today when they attempted to pass a sweeping rollback of Wall Street reforms under a suspension of the rules procedure usually limited to bills naming Post Offices and praising Cub Scouts and Little League teams. Faced with strong opposition led by Rep. Keith Ellison (MN), the proposal failed to get the necessary 2/3rds vote in favor to pass, but unfortunately it is expected to be back.

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News Release | Illinois PIRG | Consumer Protection, Democracy

Illinois PIRG Condemns Backdoor, Backroom “Cromnibus” Proposals to gut Wall Street and Campaign Finance Reforms

As Congress considers the “Cromnibus,” Illinois PIRG decried two special interest provisions snuck into the bill and called on the Illinois Congressional Delegation to reject any bill that includes those provisions.

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Blog Post | Financial Reform

House Floor Vote on Budget Delayed over Special Interest "Riders" From Wall Street, Other Powerful Interests | Ed Mierzwinski

UPDATED: Opposition to a controversial provision authored by Citibank forced House leaders to delay consideration of the "CRomnibus" appropriations package just hours before funding for the federal government expired at midnight Thursday. Eventually the bill passed narrowly with the Wall Street provision intact. Action now shifts to the Senate, which has a 48-hour window to pass the bill, but any one Senator can block it under Senate rules. The provision would again allow Wall Street banks to place risky bets with taxpayer-backed funds, and require taxpayers to bail them out if the bets fail, repealing a key protection added in the 2010 Wall Street reform law. 

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Blog Post | Democracy

Student Government Leaders Support Voting Reform Bill | Abe Scarr

The Illinois Legislature is close to passing a sweeping election reform bill that, among other positive reforms, would make Election Day Registration permanent, and provide early voting on all state University campuses. Illinois student leaders have rallied to suppor the bill.

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Blog Post | Democracy

Election Day Registration Passes Illinois House | Abe Scarr

Legislation to make Election Day Registration permanent - backed by Illinois PIRG and our coalition, Just Vote - passed through the Illinois House today. The Senate has until tomorrow to pass the bill before the fall session ends.

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