January 4, 2012 – 11:02 am | Comments Off

Consumers won today when President Obama defied Wall Street interests to make a recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau. President Obama stood with consumers and families in making this crucial decision.

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AFR: Strong And Independent CFPA Central To Real Financial Reform
February 25, 2010 – 2:09 pm

Senate and Administration Cannot Let Big Bank Lobbyists Win
By Stripping Out Or Watering Down CFPA
Americans for Financial Reform, a coalition of more than 200 national, state and local consumer, labor, investor, civil rights, community, …

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 …

Huffington Post: 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, Public Citizen, and 45,874 Americans Ask Senator Dodd to Support Reform
February 24, 2010 – 11:22 am
AFR, Public Citizen, and 45,874 Americans Ask Senator Dodd to Support Reform

The following letter was delivered to Senator Dodd on February 23, 2010 by Public Citizen, a partner of Americans for Financial Reform.  AFR’s coalition helped direct consumers toward this pro-reform petition which was signed by …

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 …

New York Times: White House in New Push for Changes on Wall Street
February 24, 2010 – 10:43 am

An article in yesterday’s New York Times talked about new efforts from the White House on behalf of financial reform legislation.
The Obama administration redoubled its efforts on Tuesday to overhaul the nation’s financial regulations, saying …