Watch highlights of congressional hearing on debt collection here, including a powerful account from Representative Ayanna Pressley (D-MA), her family’s experience, and her plan to combat abusive debt collection practices.
“[A] good bit of that progress … could be endangered by a kind of low-intensity deregulation, consisting of an accumulation of non-headline-grabbing changes and an opaque relaxation of supervisory rigor. There are things to be concerned about in many of the individual proposals on such matters as the leverage ratio, resolution planning, and foreign banking organizations. It’s the cumulative effect, though, that is truly worrisome.”
Join us on May 21st for an analysis and discussion of the important developments in the regulation and supervision on big banks, and their effects on financial security and economic stability. View the details here, or below.
In just a few months the current economic expansion will be the longest on record. But an increasing number of economists are predicting that it might be nearing its end. In preparing for an eventual economic downturn, what should be done to avoid the policy mistakes that made the 2008-2010 recession so devastating?
Click on the announcement below to see the details of AFR’s July 24th event marking the tenth anniversary of the financial crisis, and to RSVP Regulating Wall Street Ten Years Later July 24th Save The Date
At a Nov. 16 forum co-hosted by AFR and the AFL-CIO, Sheelah Kolhatkar, author of the New York Times bestseller “Black Edge,” discusses the rise of a powerful new class of billionaire financiers who have used their vast reserves of concentrated wealth to rewrite the rules of capitalism and public policy.
A new “Retirement Ripoff Counter” unveiled today at an event with Senator Elizabeth Warren and AFL-CIO President Richard Trumka shows how important it is that the fiduciary rule be fully implemented. Bad advice costs Americans $46 million a day, $1.9 million per hour, and $532 a second.
On July 21, the Consumer Financial Protection Bureau turned five years old. In a joint statement, AFR and 25 allied organizations celebrated the bureau’s accomplishments. The AFR coalition also marked the occasion by hosting a breakfast event at the downtown Washington offices of the National
At Center for American Progress event, Lisa Donner assesses the accomplishments and promise of the Consumer Financial Protection Bureau.
“Do private funds drive positive change and improve efficiency? Or do they drive short-termism, job losses and systemic risk in our markets? Regulators have only just begun to shine a light on these funds, revealing a host of problems and raising many more questions about their operations. “