Financial Services | Council For Citizens Against Government Waste

Financial Services

Reflecting on Privacy Laws During Data Privacy Week

Data Privacy Week is an opportunity to review can be done to protect data and learn what privacy laws are being proposed.

January 25, 2024 — Deborah Collier 1706226113

IRS Errs in Moving its Own Tax Preparation System Forward

The Direct File program is another step in the IRS expanding its authority.

January 24, 2024 — Eric Maus 1706132956

The IRS Moves Ahead With Confusing and Burdensome 1099-K Form

Restoring the previous 1099-K threshold would save taxpayers from unnecessary paperwork and greater confusion.

December 21, 2023 — Eric Maus 1703200531

CCAGW Urges House of Representatives to Support Amendments to H.R. 4664

Congress should support fiscally responsible amendments to the Financial Services and General Government Appropriations bill.

Supporters of Durbin Amendment Double Down

The Credit Card Competition Act of 2023 would take away credit card rewards that tens of millions of consumers enjoy.

November 6, 2023 — Eric Maus 1699302494

CCAGW Joins Coalition Opposing Price Cap on Credit Card Late Fees

President Joseph R. Biden
The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Director Rohit Chopra
Consumer Financial Protection Bureau
1700 G St NW
Washington, DC 20552

October 19, 2023

Dear President Biden and Director Chopra,

We, the undersigned organizations dedicated to promoting pro-consumer, pro-growth policies, are writing to express our strong opposition to your proposed rule change to impose a stricter price cap on credit card late fees.

Expanding Dodd-Frank is a Bad Deal for Consumers

The Credit Card Competition Act of 2023 would increase government interference and harm consumers.

September 27, 2023 — Eric Maus 1695837181

Congress Should Permanently Maintain Higher 1099-K Reporting Requirements

A higher 1099-K threshold would protect taxpayers from higher taxes, more audits, and complicated paperwork. 

July 27, 2023 — Eric Maus 1690478254