Letter to Congress: Don’t Reduce the Accuracy of Credit Reporting

ACI joins a coalition of nonprofits calling on Congress not to lower the standards for credit reporting. Reducing the predictability and accuracy of credit reporting would ultimately lead to lower scores for credit worthy consumers, thereby limiting their eligibility for home mortgage loans and other forms of credit. The letter can be read here.

ACI Sends a Letter to Congress: Please Protect Consumer Credit

Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer: As a group representing millions of consumers and taxpayers, we fully understand the difficult plight affecting the vast majority of Americans due to the COVID-19 pandemic, and we support public policies that will bring them temporary tax and regulatory relief. However, we are strongly opposed […]

The Hill: Applying the Lessons of Crisis Mitigation from COVID to the Climate Threat

The COVID-19 pandemic should serve as a warning sign spotlighting the importance of disaster preparedness and the overwhelming need to impose crisis mitigation strategies nationwide. Let’s learn from recent history and confront the realities of natural disasters ahead of the curve instead of scrambling to flatten it after the fact. You can read the entire […]

Coalition Calls on Lawmakers Not to Increase Financial Regulations at the Cost of Consumers

ACI joined a group of nonprofit organizations and sent a letter to the President, House Majority Leader, and Speaker of the House calling on them to refrain from helping some self-interested businesses at the detriment of consumers and small businesses. The letter expressly addressed lobbying efforts by some to expand onerous Dodd-Frank regulations. The letter […]

ACI Sends Letter to Capitol Hill Calling for Relief for Small Business Broadcasters

Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer: We appreciate the efforts invested in addressing the ongoing challenges of the COVID-19 pandemic and stand ready to support efforts by Congress and the administration to coordinate an effective response to the pandemic. As policymakers consider measures to control the spread of COVID-19 and ameliorate […]

NFIP Is the Anti-Robin Hood of Disaster Relief

Floods are America’s most common natural disaster, causing millions of dollars of damage each year. To protect consumers, FEMA’s National Flood Insurance Program (NFIP) provides coverage for over 5 million policyholders. But analysis of recently released FEMA data shows that the taxpayer-funded program first and foremost bails out wealthy homeowners. Given that the program is […]

Economic Standard: The Reality of Obamacare and Consumer Sovereignty

Earlier this year, the Supreme Court decided that they will hear the most recent challenge to the Affordable Care Act (ACA). The challenge, now referred to as California v. Texas, calls on the Supreme Court to repeal the ACA. Yet, simply repealing the ACA through isn’t enough, it needs to be updated or replaced. While […]

Lobbyist Greed and Political Pork are Infecting the Next Coronavirus Stimulus Package

The White House and both sides of the aisle in Congress are rushing to put together a stimulus package to limit the economic impact of the Coronavirus pandemic. While the full extent of the economic fallout from the coronavirus crisis is yet to be determined, the global economy is facing dramatic turbulence. 72% of Americans […]

Legal Theatrics and Florida’s Bad Faith Laws

Legal Theatrics and Florida’s Bad Faith Laws Florida’s “Bad Faith” laws applying to Insurance companies have created a shameful mockery of justice. Bad Faith laws were originally intended to make legal representation available to people with limited funds. There are two kinds of bad faith claims. Insured people may have a first-party bad faith claim […]

U.S. Postal Service Kicks Off 2020 with More Fiscal Chaos While Dodging Meaningful Reforms

Every quarter the United States Postal Service releases their financial statement, and every quarter it reveals grim losses that climb well into the hundreds of millions. For the first quarter of fiscal year 2020, the USPS has managed to hemorrhage $748 million in losses, an ominous sign as they limp into the new decade. The […]