Category Archives: Financial Reform News

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The CFPA: Problems and Solutions

Download this information as a PDF. Restore Confidence and Prevent Another Disaster: Support the Consumer Financial Protection Agency (CFPA), H.R. 3126   Problem: Seven different government agencies had the power to stop the reckless risk-taking that wrecked our economy, but they didn’t use it. Lax

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One Pager on the CFPA

Download this information as a PDF. The Consumer Financial Protection Agency would be a federal agency whose sole mission would be to protect consumer from dangerous financial products and practices. Why do we need the CFPA?   Because no one is watching out for consumers.

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IACS Joint Letter

October 20, 2009 Dear Representatives, The biggest banks and credit card companies have used the power they wield in the marketplace to push unfair business practices that are costing our members—retailers and individual consumers—tens of billions of dollars each year. The banking industry has moved

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CRA CFPA Amendment Support Letter

October 20, 2009 The Honorable Barney Frank Chairman, Committee on Financial Services United States House of Representatives Washington, DC 20515 Re: Frank CFPA Amendment #1 (consumer reporting agencies) — Support Dear Chairman Frank: On behalf of the nearly 200 national, state and local consumer, employee,

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Waters Amendment Letter

House Financial Services Committee 2129 Rayburn House Office Building Washington, D.C. 20515 October 20, 2009 Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee, On behalf of the nearly 200 national, state and local consumer, employee, investor, community and civil rights organizations of

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Realtor Exemption Letter

October 13, 2009 The Honorable Barney Frank Chairman Committee on Financial Services United States House of Representatives Washington, DC 20515 Re: Realtor Exemption in H.R. 3126 Consumer Financial Protection Agency Dear Chairman Frank: Thank you for your leadership in advancing legislation to create a much-needed