“American families want and need someone to level the playing field and prevent tricks and traps in the financial services market”, said Lisa Donner, Executive Director of Americans for Financial Reform. “We call on all Senators to stand up for families and confirm Richard Cordray as CFPB director.

Washington, DC – Americans for Financial Reform will host a conference call with reporters and bloggers on Wednesday, October 5th at 2:00 PM EDT to discuss the Consumer Financial Protection Bureau (CFPB) and the importance …

October 1st marked the 4th anniversary of implementation of the Military Lending Act (MLA). Passage of the MLA was a recognition of the serious harm abusive consumer financial products do to our service members. It …

The current economic turbulence is a direct result of insufficient regulation — so it makes no sense to curb pending rules that would address the causes of the crisis, says Lisa Donner, executive director of Americans for Financial Reform, a coalition of labor, civil rights, community, and small business groups. “The thought that what we need to get the economy going again is to cut back on regulation is astoundingly backwards,” she says, noting that recent polls suggest businesses are struggling with economic conditions, not overregulation.”

‘The banks want to get away with everything, and she is probably one of the linchpins in saying that is going to happen or isn’t going to happen,’ said Liz Ryan Murray, the chairwoman of the foreclosure task force at Americans for Financial Reform. ‘We would like to see her come forward and be more public on what she will and won’t give up.’”

Click here to view this week’s highlights and lowlights in Wall Street Reform – September 24, 2011 – September 30, 2011.