For too long, the rules of Wall Street have been written by the bankers themselves. This year, that has to change.

Americans for Financial Reform is working to reform the nation's lending industry and financial system. We're working to protect Americans' neighborhoods, homes and pocketbooks by creating an economy that works for everyone.

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Letters and Statements

AFR: Senators Merkley and Levin Work to Prevent Wall Street from Betting Our Savings
March 10, 2010 – 12:45 pm

Washington, DC – Americans for Financial Reform released the following statement about the Protect our Recovery through Oversight of Proprietary Trading Act (or PROP Trading Act).

Heather Booth, Executive Director, Americans for Financial Reform: …

Bonus Bonanza Needs to Be Reined In
February 25, 2010 – 10:48 am

“The big money is back on Wall Street” – New York Times, 2/23/10

Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior

Washington, DC – In …

The Real Price of Proprietary Trading
February 24, 2010 – 4:49 pm

James Crotty, Gerald Epstein, and Iren Levina have co-authored an article regarding financial reform, the “Volcker Rule”, and the real cost of propriety trading.  Here is the introduction to the article:
President Obama’s endorsement of the …

AFR Calls on Senate to Maintain Strong Corporate Governance Reforms
February 24, 2010 – 10:56 am

For immediate release
February 24, 2010
AFR Calls on Senate to Maintain Strong Corporate Governance Reforms
Says Board Failures a Key Factor in Financial Meltdown;
Questions Credibility of U.S. Chamber of Commerce-led Opposition

WASHINGTON, D.C. – With the U.S. Senate …