Congress is considering creating a Consumer Financial Protection Bureau (CFPB) whose sole mission would be to protect consumers from dangerous financial products and practices. (The CFPB has also been referred to as the Consumer Financial Protection Agency (CFPA).) Why do we need a CFPA? What would it
Keep State Attorneys General on the Predatory Lending Beat Oppose Amendments to Further Preempt State Authority Dear Senator, We write on behalf of an unprecedented coalition of more than 250 national, state and local groups who have come together to reform the financial industry. Members
**Audio of Call Available Here** Washington, DC – Americans for Financial Reform and our 250 coalition partners applaud the Senate for rejecting – on a bipartisan basis – the sham that was Sen. Shelby’s “consumer” amendment to the Wall Street accountability currently being debated in the
Professor Elizabeth Warren discusses proposed regulatory reform with Stephen Colbert. (The last five seconds are particularly insightful.) The Colbert Report Mon – Thurs 11:30pm / 10:30c Elizabeth Warren www.colbertnation.com Colbert Report Full Episodes Political Humor Fox News
Press Conference Call TODAY, May 6 at 2:30 PM ET*** Consumer Advocates Expose Sham GOP Proposal Washington, DC – On Thursday, May 6 at 2:30 pm, advocates who have led the fight for tough, new rules to protect consumers from tricks and traps of mortgage companies, car dealers,
This information is courtesy of the Center for Responsible Lending. Issue: The Senate financial reform bill, S. 3217 – section 1044, gives the Office of the Comptroller of the Currency far too much power to override (“preempt”) state consumer protection laws. To avoid another financial
VOTE NO ON THE SHELBY CFPA SUBSTITUTE NO INDEPENDENCE, NO FUNDING FOR ENFORCEMENT, NO ENFORCEMENT OVER ANY BANKS NO AUTHORITY TO PROTECT FAMILIES Dear Senator, We write on behalf of the over 250 member organizations of Americans for Financial Reform to urge a No Vote
Read the full editorial here. It’s a springtime sales event for America’s auto dealers. Over the next week or so, they’ll toil feverishly to close deals — not with car buyers, but with members of the Senate in an effort get dealerships exempted from consumer protections
FOR IMMEDIATE RELEASE DATE: May 5, 2010 Americans for Financial Reform (AFR), including nation’s leading consumer groups, opposes the Shelby substitute (amendment #3826) to replace Title X of S. 3217, RAFSA, the Consumer Financial Protection Bureau, with a weak alternative VOTE NO, NO INDEPENDENCE, NO FUNDING
Preemption-Analysis of Senate provision