For too long, the rules of Wall Street have been written by the bankers themselves. This year, that has to change.
Americans for Financial Reform is working to reform the nation's lending industry and financial system. We're working to protect Americans' neighborhoods, homes and pocketbooks by creating an economy that works for everyone.
Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, released the following statement today on Chairman Dodd’s financial reform legislation:
Heather Booth, Executive Director, Americans for Financial Reform: “We applaud Chairman Dodd …
Heads they win, tails we lose! Wall Street gambled with our savings, collected billions, and then left taxpayers to pay the price when the economy went south. We need new rules to keep Wall Street in line. Read more.
To restore the economy and create jobs, banks must offer good, safe loans to consumers, homeowners and businesses. We need to end the foreclosure crisis and stop people losing their homes, and we need community reinvestment that directs responsible lending to our communities and businesses. Read more.
No more foxes guarding the chicken coop: banks should not be able to pick their own regulators. And “too big to fail” should be too big to exist. To prevent the next crisis, we need accountable, transparent and democratic regulators to prevent banks from getting too big or acting irresponsibly. Read more.
We need this agency to protect us from abusive financial products, just as we have clear rules to prevent the sale of poisonous food, drugs with deadly side effects, and toasters that are likely to explode. Read more.
The CFPA must be independent – not subject to veto or approval by any prudential regulator or any other person or board. Read why.
AFR is partnering with Business for Shared Prosperity in support of the Consumer Financial Protection Agency (CFPA).
Our elected officials need to know that the Chamber of Commerce’s anti-reform message is not representative of our views! …
Click here to watch! Then call your Senators toll free (866-544-7573) and tell them to support financial reform.
Will Ferrell, Fred Armisen, Chevy Chase, Dan Aykroyd, Dana Carvey and Darrell Hammond, the Saturday Night Live actors …
For Immediate Release:
March 17, 2010
SMALL BUSINESS OWNERS CALL ON U.S. CHAMBER TO REVEAL FUNDERS OF ADS ATTACKING FINANCIAL REFORM
Small business owners available for comment
Washington, DC – Immediately after Senate Banking Committee Chairman Christopher Dodd …
[Springfield, MO] – Local advocates and consumers gathered outside Advance America, 1773 S Glenstone today, Wednesday, March 17, to protest financial abuses by payday loan companies. Advance America is the nation’s largest payday lender and is actively …
Heather McGhee, the Director of the Washington office of Demos and a member of Americans for Financial Reform, was interviewed on CNBC this morning about Senator Dodd’s financial reform proposal. The segment below focuses on …
For Immediate Release
March 17, 2010
ABA’s Account: The subprime mortgage market collapse does “not warrant a fundamental overhaul of the basic regulatory structure. Banking regulators… have since responded in a coordinated and measured way to …
