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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: Jonathan Riskind: Up at bat, Snowe and Collins balk – but why?
December 19, 2011 – 8:54 am

‘It is a little hard for me to understand because Congress debated, the president signed, they (Collins and Snowe) voted for the bill that included the creation of the bureau as one of its centerpieces,’ said Lisa Donner, executive director of Americans for Financial Reform, a coalition that includes consumer and civil rights groups and labor unions. ‘The bureau’s powers are significantly restrained until it has a director in place. So it is kind of going back and trying to undo what was done.’

This Week in Wall Street Reform
December 16, 2011 – 2:23 pm

Click here to view this week’s highlights and lowlights in Wall Street Reform – December 10, 2011 – December 16, 2011.
Note: This Week in Wall Street Reform will not be complied again until January 6, 2012.

This Week in Wall Street Reform
December 13, 2011 – 7:34 pm

Click here to view this week’s highlights and lowlights in Wall Street Reform – December 3, 2011 – December 9, 2011.

AFR in the News: Consumer groups warn about weakening financial regulations
December 13, 2011 – 8:27 am

“A team of consumer groups warned Tuesday that lobbying by Wall Street could weaken proposed regulations designed to guard against the kind of abusive investment practices that crushed the Bethlehem Area School District in recent years. Speaking at a teleconference, representatives of the Consumer Federation of America, the AFL-CIO, Americans for Financial Reform and Pennsylvania Auditor General Jack Wagner said well-financed lobbies are working to disarm regulations initially designed to rein them in.”

AFR in the News: Consumers lose as GOP moves against nominee for new consumer bureau
December 13, 2011 – 8:08 am

“…As expected, Republican senators blocked a vote Thursday on whether to approve President Obama’s nominee to head the new Consumer Financial Protection Bureau. …A July poll sponsored by AARP, Americans for Financial Reform and the Center for Responsible Lending found that about 63% of Americans favored more government oversight of financial companies, and 74% favored having a single agency focus on protecting consumers from financial organizations.”

AFR Conference: Executive Pay and the Dodd-Frank Consumer Protection Act
December 12, 2011 – 3:30 pm

View the agenda, watch video, and read supplemental materials from our conference “Executive Pay and the Dodd-Frank Act”