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Article Archive for February 2010

Treasury Department Signals Support for CFPA
February 26, 2010 – 3:29 pm

In a recent speech to the Credit Union National Organization, Assistant Secretary Michael S. Barr talked about the Treasury Department’s support for a Consumer Financial Protection Agency.
Click here to see the full speech, or click …

National Bank Regulator Lets Unsafe Practices Flourish; Are Banks the New Face of Payday Lending?
February 25, 2010 – 2:37 pm

From AFR Coalition Member
The Center for Responsible Lending
A key federal regulator for years has let national banks engage in lending practices that the regulator itself admits harm consumers and lenders, according to two new reports …

AFR: Strong And Independent CFPA Central To Real Financial Reform
February 25, 2010 – 2:09 pm

Senate and Administration Cannot Let Big Bank Lobbyists Win
By Stripping Out Or Watering Down CFPA
Americans for Financial Reform, a coalition of more than 200 national, state and local consumer, labor, investor, civil rights, community, …

Bonus Bonanza Needs to Be Reined In
February 25, 2010 – 10:48 am

“The big money is back on Wall Street” – New York Times, 2/23/10

Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior

Washington, DC – In …

New TV Ad: Sen. Tester, Keep Fighting for Financial Reform
February 25, 2010 – 10:41 am
New TV Ad: Sen. Tester, Keep Fighting for Financial Reform

“That [Committee for Truth in Politics] ad is confusing a lot of folks, because it’s not true.” – Sen. Jon Tester [Billings Gazette, 2/10/10]
Washington, D.C. – Americans for Financial Reform and Americans United for …

Huffington Post: The Real Price of Proprietary Trading
February 24, 2010 – 4:49 pm

James Crotty, Gerald Epstein, and Iren Levina have co-authored an article regarding financial reform, the “Volcker Rule,” and the real cost of propriety trading.  Here is the introduction to the article:
President Obama’s endorsement of the …