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

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Create a Consumer Financial Protection Agency

AFR Statement on Chairman Dodd’s Financial Reform Bill
March 15, 2010 – 2:09 pm

FOR IMMEDIATE RELEASE
Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, released the following statement today on Chairman Dodd’s financial reform legislation:
Heather Booth, Executive Director, Americans for Financial Reform: “We …

Huffington Post: The Two Rules of Real Financial Reform
March 15, 2010 – 9:18 am

Fight Club fans take note!  AFR Executive Director Heather Booth wrote up the rules of real financial reform for the Huffington Post.  Here are first few:
The first rule of real financial reform is that you …

CFPA and Nonbanks: A Snapshot
March 12, 2010 – 4:16 pm

Our friends at the National Consumer Law Center have put together a great two-page report on the dire need for federal regulation of non-bank lenders.  The report focuses on the problems created by the current …

Jeff Gelles on Why We Need an Independent CFPA
March 12, 2010 – 4:03 pm

Columnist Jeff Gelles recently wrote this piece about the importance of creating an independent Consumer Financial Protection Agency (CFPA).  He focuses on the way current regulators, specifically the OCC, failed to do anything to effectively …