News Releases

News Release | MoPIRG | Financial Reform

Robo-Signing Settlement With Big Banks Is Important Step

Today's settlement by the U.S. and 49 state attorneys general with the 5 biggest mortgage servicers - the big banks Citibank, Bank of America, Wells Fargo and JP Morgan Chase, along with Ally Financial - is an important and enforceable first step toward holding the big banks accountable for not only wrecking the economy but using a variety of unfair foreclosure practices to ruin the lives of millions of Americans and, in many cases, taking their homes illegally.

News Release | MoPIRG Foundation | Democracy

New Report Released: Auctioning Democracy

Today MoPIRG Foundation and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.

News Release | MoPIRG and Citizens for Tax Justice | Financial Reform

Thirty Fortune 500 Companies Paid More to Lobby Congress than they Did in Federal Income Taxes

With the second anniversary approaching of the Supreme Court’s decision in the Citizens United case – which opened the floodgates to corporate spending on elections – Missouri Public Interest Research Group (MoPIRG) and Citizens for Tax Justice reveal 30 corporations that spent more to lobby Congress than they did in taxes.

News Release | MoPIRG | Food

Apples to Twinkies: Comparing Federal Subsidies of Fresh Produce and Junk Food

SAINT LOUIS, MO –The Missouri Public Interest Research Group (MoPIRG) show in a new report Apples to Twinkies, how taxpayers have been subsidizing junk food additives, like high fructose corn syrup, for decades.   Federal subsidies for commodity crops have flooded markets with cheap, nutritionally empty junk food.  These subsidies are enough to pay for 19 Twinkies per taxpayer every year.   Meanwhile, subsidies for fresh fruits and vegetables buy less than a quarter of an apple per taxpayer per year.

News Release | RIPIRG Education Fund | Budget

Unlikely Allies Uncover $1 Trillion in Savings for Super Committee

As the Congressional “Super Committee” begins its search for $1.5 trillion in deficit reduction, a new study released today by the Rhode Island Public Interest Research Group (RIPIRG) and the National Taxpayers Union (NTU) provides the panel with a great place to start: more than $1 trillion of spending cuts with appeal from across the political spectrum.

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