Franken Pursues Tighter Oversight of Rating Agencies
Ben Protess (Dealbook/NYT)
September 1, 2011
“The Dodd-Frank Act cracked down on the credit rating agencies, the firms that awarded rosy ratings to bonds backed by junky mortgages, but some lawmakers …

3 Questions on Financial Stability
Simon Johnson (Herald Tribune – FL)
September 1, 2011
“The Dodd-Frank financial legislation of 2010 created a Financial Stability Oversight Council, tasked with taking an integrated view of risks in and around the …

Big banks squawk about Basel Committee reforms
Ira Teinowitz (The Deal)
August 30, 2011
“Big bank holding companies and financial groups are criticizing the Basel Committee’s attempt to toughen capital standards for banks under Basel III, as well as …

Americans for Financial Reform (AFR) hosted a conference call with reporters and bloggers on Thursday, September 1, 2011 to discuss problems in the oversight of the major credit rating agencies and ways to achieve better ratings agency accountability under the Dodd Frank Act.

Click here to view this week’s highlights and lowlights in Wall Street Reform – August 27, 2011 – September 2, 2011.

Read our letter cosigned by over 60 national, state, and local groups supporting Richard Cordray’s confirmation to head the CFPB here.