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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Response to Attacks on the Consumer Financial Protection Bureau
March 25, 2011 – 11:02 am

The big Wall Street banks and their allies in Congress and in the media have launched an all out attack on the fledgling Consumer Financial Protection Bureau (CFPB). This new Consumer Bureau will be the first banking regulator with the sole job of standing up for consumers in the financial market place, starting on July 21, 2011.

Senator Durbin Joins Consumer Advocates, Small Businesses to Highlight Need for Swipe Fee Reform
March 25, 2011 – 8:29 am

As the country’s largest financial institutions spend hundreds of thousands of dollars trying to beat back debit card swipe fee reforms, Senator Durbin and a group of dedicated consumer advocates and small business owners will hold a press call TODAY at 2:15pm EST in order to highlight the broad support for the reforms.

Peter Skillern’s Congressional Testimony
March 22, 2011 – 8:16 am

Testimony of Peter Skillern, Executive Director Community Reinvestment Association of North Carolina United States House of Representatives
Financial Institutions and Consumer Credit Subcommittee Wednesday, March 3, 2011
Thank you Representative Capito and Representative Maloney for …

Damon Silvers’ Congressional Testimony
March 16, 2011 – 5:28 pm

Damon Silvers, Policy Director and General Counsel at the AFL-CIO and member of the AFR Executive Committee, testified today before the House Subcommittee on Capital Markets and Government Sponsored Enterprises. Read his testimony here.

Debating Dodd-Frank: What’s in a Name?
March 16, 2011 – 9:51 am

By Arielle Bikard / Compliance Week
One witness on the panel testifying before Congress, however, had some tart objections to all of the bills. Damon Silvers, policy director at the Federation of labor organizations …

AFR Statement on Subcommittee on Financial Institutions & Consumer Credit Hearing
March 16, 2011 – 9:25 am

Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform, issued the following statement today:
The Consumer Financial Protection Bureau (CFPB) was created …