Press Releases

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May 20, 2009

Pew Analysis Shows Senate Bill Would Curb Billions in Credit Card Penalty Charges

A full 82 percent of credit cards allow penalty interest rate hikes that could last indefinitely, giving responsible cardholders no right to return to the originally agreed upon interest rate, according to a new issue brief from The Pew Charitable Trusts’ Safe Credit Cards Project.

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May 19, 2009

Pew Statement Applauding Senate Vote to Stop Many Deceptive Credit Card Practices

"The Senate today joined the House in coming together to pass smart, strong, bipartisan legislation that puts an end to many unfair and deceptive credit card practices. This is a tremendous victory for the millions of credit card carrying consumers, many of whom will be able to avoid hundreds, even thousands of dollars in unfair fees and interest rate hikes."

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May 11, 2009

Pew Statement Urging Senate to Protect Consumers from Deceptive Credit Card Practices

"The current economic crisis has made it clear that ignoring unfair and deceptive lending practices can hurt both family finances and our economy. Fortunately, the U.S. Senate has the opportunity this week to join the House in passing legislation to ensure credit card companies use safe, fair and transparent policies."

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May 7, 2009

Dueling Produce Safety Standards Highlight Void Left by Lack of FDA Regulation

A side-by-side analysis of a variety of produce safety standards shows significant variations in guidance given fruit and vegetable growers in what steps they need to take to minimize microbial contamination in light of the lack of federal rules.

Since the U.S. Food and Drug Administration (FDA) issued its voluntary produce safety guidance 11 years ago, a number of organizations and one state have stepped into the regulatory void and adopted their own standards for the growing and harvesting of fresh produce (fruits and vegetables intended to be consumed raw). Some standards are general in nature, and others are commodity specific.

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Food Safety
Apr 30, 2009

Statement Applauding Bipartisan Passage of the Credit Cardholders' Bill of Rights

"The passage of the Credit Cardholders' Bill of Rights is a victory for all consumers and for credit card issuers who want to offer a safe and fair product."

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Apr 29, 2009

J. Mark Iwry Joins Treasury as Senior Advisor to the Secretary and Deputy Assistant Secretary for Retirement and Health Policy

The Retirement Security Project announced today that J. Mark Iwry, Principal of The Retirement Security Project, Nonresident Senior Fellow at the Brookings Institution, and former Treasury Department official, has been appointed by Treasury Secretary Timothy Geithner as Senior Adviser to the Secretary and Deputy Assistant Treasury Secretary for Retirement and Health Policy, effective April 27, 2009.

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Apr 29, 2009

Statement Urging House to Pass the Credit Cardholders' Bill of Rights

"In this economic climate, allowing credit card issuers to continue to engage in unfair and deceptive practices is like letting a car company continue to sell cars we know have faulty brakes. Congress needs to act now to give consumers protection under the law from business practices that the Federal Reserve and our independent research have shown are widespread."

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Apr 20, 2009

Pew Funds Genetics and Public Policy Center's New Consumer Genetics Project

The Pew Charitable Trust has awarded $750,000 to the Genetics and Public Policy Center for a new project focused on consumer protections for applications of genetic testing.

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Apr 12, 2009

UCSF Team Closer to Creating Safe Embryonic-Like Stem Cells

A team of UCSF researchers has for the first time used tiny molecules called microRNAs to help turn adult mouse cells back to their embryonic state. These reprogrammed cells are pluripotent, meaning that, like embryonic stem cells, they have the capacity to become any cell type in the body.

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Biomedical Research
Mar 31, 2009

Pew Releases Standards for Safe Credit Cards

The Pew Charitable Trusts’ Safe Credit Cards Project today released a set of standards designed to prevent deceptive and dangerous credit card practices and called for legislation to outlaw such practices.

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