Press Releases

New Colorado Law Important Step in Reforming Payment Systems

On Thursday, Demand Progress applauded the passage of legislation in Colorado that would limit swipe fees, part of a broad effort to break the stranglehold that payment processors and big banks have on the credit card business. The new law, the Swipe Fee Fairness and Consumer Safeguards Act, bans swipe fees – the money merchants … Continued

Letters

Consumer Advocates Urge CFTC to Reject Prediction Markets

CFTC Proposal Would Turn Consumer Protection Agency Into Nation’s Gambling Czar Washington, D.C. — On Thursday, Demand Progress Education Fund, Americans for Financial Reform Education Fund and Public Citizen submitted a comment letter urging the Commodity Futures Trading Commission to reject any efforts to bring “events contracts” on sports, entertainment, policy or political outcomes traded … Continued

Press Releases

Privacy Champions Fend Off Another Bad FISA Deal

Congress Fails to Pass Long-Term ‘Clean’ FISA Reauthorization Washington, D.C. — On Thursday, both the Senate and House unanimously passed a stopgap 45-day extension of Section 702 of the Foreign Intelligence Surveillance Act (FISA). This measure buys more time to negotiate for a FISA renewal with actual privacy reforms. This also marks yet another defeat … Continued

Press Releases

Wyden to Force Declassification of Secret Court Opinion on FISA “Serious Abuses”

Tom Cotton’s Objection Forces FISA Sunset and Potentially Cancel Recess Washington, D.C. — On Thursday, Sen. Ron Wyden (D-OR) proposed a short-term extension of FISA in exchange for declassifying a major opinion from the top government surveillance court, which revealed continuing violations of the controversial authority. Wyden’s proposal follows the passage of House Speaker Mike … Continued