Protecting your Money—After the Bailout

Consumers Union has been working to ensure that the government’s financial intervention and regulatory restructuring during this growing financial crisis includes protections for taxpayers and consumers.

• Groups call on Treasury Secretary to restrict the use of bailout funds for credit cards
• CU calls for a more streamlined loan modification program to prevent foreclosures
  
• CU offers principles for restructuring financial regulation
  
• Groups call for a consumer agenda for Congress and the new Administration
  
• CU's rescue plan for the rest of us - Seven steps toward reform
  
• Consumers Union and others call for new agency heads to protect consumers in credit and housing.
• Bailout should include new credit card standards
• Consumers Union announces post-bailout recovery agenda for financial reform
• Bailout missing key protections for consumers

The Milken Institute assesses the current bailout at $7.5 trillion and growing. Here is the institute’s current breakdown of bailout allocations.