Category Archives: News Release

News Release: Consumer Advocates Call on Banking Regulators to Rein in Reckless and Harmful Bank-Fintech Partnerships

FOR IMMEDIATE RELEASE CONTACT Carter Dougherty, carter@ourfinancialsecurity.org Adam Rust, arust@consumerfed.org Friday, November 1, 2024 Consumer Advocates Call on Banking Regulators to Rein in Reckless and Harmful Bank-Fintech Partnerships Groups seek more supervision and stronger standards for these partnerships to protect consumers. Washington, DC – Americans for

News Release: New York Probe on Capital One-Discover Merger a Welcome Step

A new probe by New York Attorney General Letitia James, revealed in a court filing Wednesday, marks an important step in pushing back against the proposed merger of Capital One and Discover, one that should prompt other state antitrust officials to join efforts to block this harmful transaction. 

NEWS RELEASE: New Yorkers, Frontline Leaders, Climate Groups React to NYC Comptroller’s Groundbreaking Private Equity Commitment

NEW YORK – Today, New York City Comptroller Brad Lander announced a commitment to exclude new pension investments in private equity-backed fossil fuel midstream and downstream companies and projects, addressing a significant loophole in the funds’ Net-Zero Implementation Plan. This makes NYCERS, NYCTRS, and NYCBERS – three of New York City public pensions representing $207 billion in assets – the first-in-the-nation to make such a commitment, setting precedent for funds across the country and around the world to follow suit.