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Brian Wolfman
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That's the title of this article by Tom Hamburger. Hamburger says his article describes the newest chapter in Senator Warren's "crusade against the power of wealthy interests." Continue reading
Posted 4 days ago at CL&P Blog
Recently, we told you about Coca-Cola's funding of scientists seeking to shift the blame for obesity away from bad diets (including regularly gulping down sugary drinks like Coke). If you were interested in that story, you'll be interested in this... Continue reading
Posted Sep 17, 2015 at CL&P Blog
The FDA recently issued this draft guidance to assist industry in drug development to combat rare diseases. 10% of people will get a rare disease. That sounds strange because a rare disease is, well, rare. It is defined (by the... Continue reading
Posted Sep 16, 2015 at CL&P Blog
Go here or click on the embedded video below. Continue reading
Posted Sep 13, 2015 at CL&P Blog
That's the title of this article by Sherzod Abdukadirov. Here is the abstract: As it becomes clear that the Nutrition Facts panel (NFP) and other information disclosure policies have failed to improve consumers’ dietary choices, many health advocates have declared... Continue reading
Posted Sep 11, 2015 at CL&P Blog
Law prof Adam Levitin has written this article in The American Banker called The CFPB's Data Collection Is to Be Applauded. At his blog, Credit Slips, Levitin explains that "the CFPB's data collection ... has become the latest inside-the-Beltway attack... Continue reading
Posted Sep 10, 2015 at CL&P Blog
Law professor Diana Sax has written Dietary Supplements Are Not All Safe and Not All Food: How the Low Cost of Dietary Supplements Preys on the Consumer. Here is the abstract: Dietary supplements are regulated as food, even though the... Continue reading
Posted Sep 10, 2015 at CL&P Blog
The Durbin Amendment to the Dodd-Frank Act, as implemented by a Federal Reserve Board regulation, limits debit card interchange fees in many debit-card transactions. Interchange fees are per-transaction fees imposed by debit-card issuing banks on merchants each time a consumer... Continue reading
Posted Sep 8, 2015 at CL&P Blog
Consumer reporter Michele Singletary has penned this article entitled In New York, good riddance to a questionable hiring practice. Singletary explains that "[f]ederal law allows employment credit checks under the Fair Credit Reporting Act. It requires employers to get an... Continue reading
Posted Sep 8, 2015 at CL&P Blog
The Dodd-Frank Wall Street Reform and Consumer Protection Act mandates that the CFPB conduct a study on the use of pre-dispute arbitration clauses in consumer financial markets. The Dodd-Frank Act specifically prohibits the use of arbitration clauses in mortgage contracts.... Continue reading
Posted Sep 8, 2015 at CL&P Blog
Read this article by Susan Dynarski. Here's an excerpt: Politicians who complain about college costs frequently cite two numbers: one trillion and seven million. Student borrowers owe more than $1 trillion, and seven million borrowers are in default, according to... Continue reading
Posted Sep 2, 2015 at CL&P Blog
Jonathan Cohn reports that smoking in the U.S. has hit an historic low. He explains: New survey data, which the U.S. Centers for Disease Control and Prevention released Tuesday morning, suggests that just 15.2 percent of American adults are now... Continue reading
Posted Sep 2, 2015 at CL&P Blog
We celebrated Dodd-Frank's 5-year anniversary on July 21 2015, by aggregating some news coverage of the event. You may also want to read a negative account of the law contained in law professor Todd Zywicki's congressional testimony, entitled The Dodd-Frank... Continue reading
Posted Aug 31, 2015 at CL&P Blog
A 135-page class-action-complaint filed yesterday in federal court in Los Angeles alleges that the major car manufacturers are liable because their keyless ignition systems create a carbon monoxide hazard. This story by Jonathan Stempel explains: Ten of the world's biggest... Continue reading
Posted Aug 27, 2015 at CL&P Blog
Want to know which drugs, medical devices, foods, cosmetics, dietary supplements, etc. may be contaminated, defective, or mislabeled? The Food and Drug Administration regularly issues safety alerts through its MedWatch system. For instance, go here, for the agency's July 2015... Continue reading
Posted Aug 26, 2015 at CL&P Blog
The article was written by Reuters' reporters Alison Frankel and Jessica Dye. Here's a little taste of it: In the little known world of medical lending, financiers invest in operations to remove pelvic implants from women suing device makers -... Continue reading
Posted Aug 18, 2015 at CL&P Blog
That's the name of Brian McFadden's comic strip on how consumers can sensibly offset the negative health effects of sugary drinks through exercise (not really). McFadden's comic reminds me of Coke's funding of the oddly-named Global Energy Balance Network. Continue reading
Posted Aug 17, 2015 at CL&P Blog
The Federal Trade Commission (FTC) today issued a statement of principles on enforcement of its "unfair competition" authority under section 5 of the Federal Trade Commission Act. Four commissioners voted for the statement, and one commissioner dissented. Go here to... Continue reading
Posted Aug 13, 2015 at CL&P Blog
Read this analysis by Gallup. Not surprisingly, the uninsured rates are dropping in states that opted for the Affordable Care Act's Medicaid expansion. Perhaps more surprising is that states that have set up their own health-care exchanges (or have state-federal... Continue reading
Posted Aug 10, 2015 at CL&P Blog
That's the title of this article in yesterday's NY Times by Anahad O'Connor. Coke is the world's largest marketer of sugary drinks. O'Connor explains that Coke gives "financial and logistical support" for "a new nonprofit organization called the Global Energy... Continue reading
Posted Aug 10, 2015 at CL&P Blog
The ability of hackers to hijack cars' computer systems has been in the news recently. (Go here for instance.) Fiat Chrysler is recalling 1.4 vehicle susceptible to hacking. The recalled vehicles are in these models: • 2013-2015 MY Dodge Viper... Continue reading
Posted Jul 26, 2015 at CL&P Blog
To find out, go down on the pizza farm by clicking here or on the embedded video below. Continue reading
Posted Jul 24, 2015 at CL&P Blog
Throwing away food -- huge amounts of perfectly good food -- is part of our culture -- at least for now. Each year, Americans throw away enough food to fill 730 large football stadiums. John Oliver says that two easy... Continue reading
Posted Jul 24, 2015 at CL&P Blog
Laws in all states generally require kids to be vaccinated against various childhood diseases before they may attend school. (And, of course, school attendance itself is legally required.) But most of those laws have exceptions to accommodate parents' religious and... Continue reading
Posted Jul 24, 2015 at CL&P Blog
The Consumer Financial Protection Bureau (CFPB) has just ordered Citibank and its subsidiaries to refund about $700 million to roughly 7 million consumers harmed by illegally imposed credit card add-on products and services (such as credit-protection and monitoring). Citibank and... Continue reading
Posted Jul 21, 2015 at CL&P Blog