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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Hilary Shelton CFPB testimony
April 6, 2011 – 2:40 pm

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“LEGISLATIVE PROPOSALS TO IMPROVE THE STRUCTURE OF THE CONSUMER FINANCIAL PROTECTION BUREAU”
April 6, 2011
Good morning, Chairwoman Capito, Ranking Member Maloney, and so many of my good friends here on the Subcommittee. …

CFPB Should Not Be Undermined
April 6, 2011 – 2:36 pm

Republican lawmakers should stand down in their efforts to delay and obstruct the shaping of the Consumer Financial Protection Bureau, which if properly implemented will go down in history as the most significant and innovative change to come out of the Dodd-Frank financial reform law.

AFR Statement on House Financial Services Subcommittee Hearing on Proposals To Weaken CFPB
April 6, 2011 – 2:35 pm

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AFR Statement on House Financial Services Subcommittee Hearing on Proposals To Weaken CFPB
Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together …

In The Public Interest: Congress Still Demonizing Elizabeth Warren, Meanwhile, Chase Rolls Out the $5 ATM Fee
April 6, 2011 – 2:29 pm

Incredibly, last week, in a letter to Professor Elizabeth Warren, House Financial Services Committee chairman Spencer Bachus (R-AL), along with key subcommittee chair Shelley Moore Capito (R-WV), all but accused Professor Elizabeth Warren of lying to Congress in her recent, excellent testimony on the work of the Consumer Financial Protection Bureau Implementation team.

NAACP Letter on cuts to CFPB
April 6, 2011 – 2:27 pm

Dear Representative:
On behalf of the NAACP, our nation’s oldest, largest and most widely-recognized grassroots-based civil rights organization, I strongly urge you to oppose and vote against any funding cuts to the newly created Consumer Financial Protection Bureau (CFPB).

Consumers Union Letter on CFPB Commission
April 6, 2011 – 2:23 pm

The recently introduced Responsible Consumer Financial Protection Regulation Act, H.R. 1121, aims to create a five- member commission to carry out the duties of the Consumer Financial Protection Bureau. Consumers Union, the nonprofit publishers of Consumer Reports®, respectfully disagrees with this proposed change to the CFPB’s structure and strongly supports a single director as the most efficient and effective way to run the CFPB.