AFR in the News: Bankers Assault on Financial Reform -Gerald Epstein: New financial regulations contained in the Dodd-Frank law are being gutted or delayed by regulators and Congress
Bankers Assault on Financial Reform -Gerald Epstein: New financial regulations contained in the Dodd-Frank law are being gutted or delayed by regulators and Congress – Transcipt, Paul Jay (The Real News Network)
April 30, 2012
“And this kind of bill [H.R. 3336the Small Business Credit Availability Act], it took a massive lobbying effort on the part of Americans for Financial Reform, Better Markets, and other groups to just get, you know, 70 or, you know, to just get 100 Democrats to vote against it. It still passed the House because the Republicans voted party-line. But it’s a big effort just to even get a subset of the Democrats to vote against these things… And, as you suggested, there are a lot of valiant and smart and hard-working activists from the Americans for Financial Reform and Better Markets and the AFL-CIO and others, SAFER, a group here centered at PERI. But we need more help, we need more support, we need more economists and others to fight against these things.” Click here for more.