Moving Forward

Americans for Financial Reform is fighting for:

A strong and fair regulatory system that has the resources and authority necessary to police Wall Street and the big banks.

A consumer watchdog agency, the Consumer Financial Protection Agency (CFPA), which, like the FDA for food and drugs, will set basic safety standards. We need the CFPA to protect families, and the market as a whole, from loans designed to trick and trap us, and to encourage fair competition.

A banking system that helps people stay in their homes; and makes smart investments in communities and businesses to create good jobs and strong neighborhoods.

The democratization of the Federal Reserve, so that it is transparent and accountable to the public and independent from control by the banking industry.

Click below for more information on each of these topics:

The Consumer Financial Protection Agency

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Policing Wall Street

• Shadow Markets and Derivatives
• Investor Protection
• Hedge Funds
• Venture Capital
• Credit Rating Agencies
• Financial Transaction Tax
• Executive Compensation

Accountability and Fairness

• “Too Big to Fail”
• Systemic Risk
• Democratizing the Federal Reserve Board
• Resolution Authority

Protecting our Homes and Neighborhoods

• Foreclosure Prevention
• The Community Reinvestment Act
• Failure to Lend

Consumer Protection (links to our sister site, Americans for Fairness in Lending)

• Mortgage Lending, Credit Cards, Payday Loans, Student Loans, Overdraft Loans, Car Financing, Credit Reporting and Scoring, Debt Collection, Refund Anticipation Loans, Car Title Loans