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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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CFA/AFR Comment on Credit Ratings Agencies
August 10, 2011 – 10:29 am

Read our comment letter to the SEC here.

AFR Comment to OCC on Overdraft and Payday Loans
August 9, 2011 – 12:16 pm

“AFR submitted comments in response to proposed guidance from the OCC addressing payday loans by banks and high-cost overdraft programs. We urged the agency to immediately take supervisory/enforcement action to stop Wells Fargo and US Bank, along with a couple of smaller OCC-supervised banks, from making payday loans. These loans undermine state laws aimed at protecting residents from high-cost loans that trap people in debt, as well as federal law aimed at protecting military service members from these loans. We also urged the OCC to at last put an end to the common bank practice of reordering customers’ transactions to drive up overdraft fees.”

AFR to Fed Re: Capital Plans
August 5, 2011 – 4:54 pm

Read our comment letter to the Fed regarding capital planning here.

This Week in Wall Street Reform
August 4, 2011 – 3:16 pm

Click here to view this week’s highlights and lowlights in Wall Street Reform – July 30, 2011 – August 4, 2011.
Please note TWiWSR will take a break until August 26, 2011.

QRM Comment Letters
August 4, 2011 – 2:45 pm

Read CRL’s letter here.
Read CFA’s letter here.

AFR Bulletin: More Bank Capital Will Improve Financial Stability Without Harming the Economy
August 4, 2011 – 11:20 am

Read the bulletin here.