It is Time for Wall Street to Pay its Fair Share
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It is Time for Wall Street to Pay its Fair Share
March 30, 2012 – 9:52 am | Comments Off

As most Americans struggle to pay their share, we can’t help but notice that Wall Street is not. Many of the economic problems we face today, from deficits to unemployment, were in large part created by …

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AFR Letter: Support the SAFE Act
May 9, 2012 – 3:01 pm

AFR sent a letter to Senator Sherrod Brown, pledging our support for “The Safe, Accountable, Fair, and Efficient Banking Act of 2012.” The SAFE Banking Act would limit the total size of any banking institution and impose a leverage limit of 10 to 1, and thus ensure that all of our financial institutions are fully exposed to market discipline.

AFR in the News: Wall Street Sues for Pre-Crisis Rules, CFTC’s Chilton Says
May 9, 2012 – 9:53 am

Wall Street Sues for Pre-Crisis Rules, CFTC’s Chilton Says
By Silla Brush and Steven Sloan
“They want us to write off the 2008 financial crisis as an aberration and ignore countless reputable scholars who’ve found that the …

Sign On Letter: Support Full Funding for the CFTC
May 7, 2012 – 3:07 pm

AFR signed onto to a letter along with more than 50 other organizations, urging members of Congress to support full funding for the CFTC.

AFR in the News: Banks divided on loan rules
May 7, 2012 – 9:52 am

Banks divided on loan rules
Federal agency pushes ability-to-pay mortgage tenet

Carter Dougherty | Bloomberg News

“This rule is aimed directly at the core deficiencies in the mortgage market that produced unsustainable loans, an inflated housing market, and resulting widespread …

AFR Conference: Cost Benefit Analysis and Dodd-Frank
May 4, 2012 – 12:51 pm

COST-BENEFIT ANALYSIS AND FINANCIAL REFORM

May 9, 2012 9:00 AM – 12:30 PM
 
Economic Policy Institute, 1333 H Street NW, Washington DC
Presented By: Americans for Financial Reform, Center for Progressive Reform, Economic Policy Institute, and Public Citizen
 
Space …

AFR in the News: Cordray divides banks with ability-to-repay loan rule
May 1, 2012 – 2:18 pm

Cordray divides banks with ability-to-repay loan rule – Carter Dougherty and Clea Benson (Bloomberg News)
May 1, 2012
“Richard Cordray wants lenders to adhere to the most basic tenet of banking: making sure borrowers can repay. Getting …