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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 Statement on House Financial Services subcommittee hearing
March 30, 2011 – 2:39 pm

FOR IMMEDIATE RELEASE
DATE: March 30, 2011
CONTACT: John Carey at 202-466-1854
john@ourfinancialsecurity.org
AFR Statement on House Financial Services subcommittee hearing
Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together …

AFR to CFTC: Establish Position Limits for Derivatives Market
March 29, 2011 – 10:12 am

Read the pdf of our letter here.
March 28th, 2011
Mr. David A. Stawick
Secretary
Commodity Futures Trading Commission
Three Lafayette Center
1155 21st Street, N.W.
Washington DC 20581
Re: RIN 3038–AD15 and 3038–AD16; Position Limits For Derivatives
Dear Mr. Stawick:
On behalf of Americans …

AFR Supports 953(b) – Calls for Disclosure of Executive Compensation
March 28, 2011 – 1:52 pm

AFR wrote a comment letter supporting the requirement in Section 953(b) of the Dodd-Frank Act that companies disclose to investors the ratio of CEO pay to the compensation of the typical employee at the company. Existing requirements mandate disclosure of top executive compensation only, encouraging companies to focus unduly on peer to peer comparisons when setting CEO pay. Disclosure of CEO-to-worker pay ratios will encourage Boards of Directors to also consider pay equity within firms, top-to-bottom and not just at the CEO level. This information will also be useful to investors who prioritize pay equity as part of their investment decision. Rep. Nan Hayworth (NY) has introduced a bill to repeal this section of Dodd-Frank.

New York Times Editorial: Who Will Rescue Financial Reform?
March 28, 2011 – 9:31 am

March 27, 2011
Who Will Rescue Financial Reform?

In what passes for self-restraint these days, House Republicans have been insisting that they do not intend to repeal last year’s Dodd-Frank financial reform law.
Not in one …

The Expensive Swipe Fee Wars
March 28, 2011 – 9:17 am

The Expensive Swipe Fee Wars
Eliza Newlin Carnery (National Journal)
March 28, 2011
The Dodd-Frank financial reforms enacted last year have unleashed lobbying battles on several fronts, but none has been so pitched or costly as the fight …

Durbin Voices Opposition to Delay Tactics
March 25, 2011 – 12:45 pm

Melissa Kress/CSNews.com
Mar 25, 2011

Durbin Voices Opposition to Delay Tactics

By Melissa Kress
WASHINGTON — April 21 is the day the Federal Reserve is slated to release rules setting debit card swipe fees. But some lawmakers are …