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AFR Press Statement: President Obama’s Recess Appointment of Richard Cordray
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 in the News: How Lobbyists Are Undermining Dodd-Frank: A Case Study
October 11, 2011 – 6:47 am

Darius Tahir (The New Republic)
October 6, 2011

As Marcus Stanley of Americans for Financial Reform told me, all sorts of people rely on predictable commodity markets for their business: gas stations, businesses that supply heating oil, enterprises that order food in bulk such as confectioners, and so on. Higher volatility often ends up being passed on to businesses as a higher cost on their balance sheet, with predictable consequences

AFR in the News: Consumer Groups Urge Senate Approval Of Consumer Watchdog
October 11, 2011 – 6:42 am

Jim McConville (Financial Advisor)
October 6, 2011

“This [delay] is harming consumers,” said Ed Mierzwinski, consumer program director for the U.S. Public Interest Research Group and chairman of Americans for Financial Reform Task Force on the CFPB, during a conference call on Wednesday that was sponsored by the consumer group Americans for Financial Reform. ‘The lack of the full authority of the CFPB is a serious problem, which leaves students, military families, veterans and older Americans at risk of financial problems,’ Mierzwinski added.

AFR in the News: Cordray CFPB director nomination passes Senate Banking Committee
October 11, 2011 – 6:40 am

Kerri Panchuk (Housing Wire)
October 6, 2011

‘American families want and need someone to level the playing field and prevent tricks and traps in the financial services market,’ said Lisa Donner, executive director of Americans for Financial Reform. ‘We call on all Senators to stand up for families and confirm Richard Cordray as CFPB director.’

AFR in the News: Financial watchdog director moves closer to approval — or a brick wall
October 11, 2011 – 6:38 am

Connie Prater (Creditcards.com)
October 6, 2011

Lisa Donner, executive director of Americans for Financial Reform challenged Republican senators to ‘stand up for families’ and confirm the nomination. ‘Will you implement the law and make sure the CFPB can do its job helping people defend themselves from loan sharks big and small?’ Donner asked. ‘Or will you block consumer protection and instead protect wrongdoing by companies that caused the financial crisis?’

This Week in Wall Street Reform
October 7, 2011 – 2:20 pm

Click here to view this week’s highlights and lowlights in Wall Street Reform – October 1, 2011 – October 7, 2011.

AFR Statement: Cordray Nomination Markup in Senate Banking Committee
October 6, 2011 – 9:25 am

“American families want and need someone to level the playing field and prevent tricks and traps in the financial services market”, said Lisa Donner, Executive Director of Americans for Financial Reform. “We call on all Senators to stand up for families and confirm Richard Cordray as CFPB director.