AFR and Consumer Federation of America sent a letter to congress opposing weakening of Sarbanes-Oxley protections against accounting fraud.

The Institute for College Access & Success and Americans for Financial Reform hosted a conference call with reporters and bloggers Tuesday, October 25, 2011 at 12:00 PM EDT to discuss private student loan debt and what the impact of delaying the confirmation of a Consumer Financial Protection Bureau Director means for students and families. Listen to the replay.

“Irresponsible deregulation of the financial industry – and the conduct it made possible – was a root cause of the financial crisis that has cost millions of jobs and trillions of dollars in home equity and retirement savings. The ‘Regulatory Accountability Act’ would further stack the deck towards Wall Street special interests, and make it impossible to put in place the common sense rules we need to demand transparency and accountability in financial markets, and prevent the financial industry from repeating the extraordinarily reckless practices for which most of us are paying so high a price.”

Click here to view this week’s highlights and lowlights in Wall Street Reform – October 15, 2011 – October 20, 2011.

Read the letter that was sent to Ambassador Michael Punke in support of a review of WTO rules to ensure sufficient policy space for financial regulation here.

Read our letter supporting a financial transaction tax here, or below.
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October 21, 2011
Representative Jeb Hensarling
129 Cannon House Office Building
Washington DC 20515
 
Senator Patty Murray
448 Russell Senate Office Building
Washington DC 20515
 
Re: Financial Speculation Tax
Dear Senator Murray and …