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Articles tagged with: Dodd-Frank

Letters to Congress: AFR Opposes the Financial Institution Bankruptcy Act — Changes Would Benefit “Too Big to Fail” Banks
November 13, 2018 – 2:02 pm

View or download a PDF version of the letter.
November 13, 2018
Dear Senator,
On behalf of Americans for Financial Reform (AFR), we are writing to express our opposition to HR 1667, the “Financial Institution Bankruptcy Act” (FIBA).[1] …

AFR Statement: Throwing Out Derivatives Reform Strengthens Too-Big-To-Fail Oligopoly
November 6, 2018 – 1:24 pm

We strongly disapprove of the new proposal to change rules for derivatives trading announced in today’s meeting of the Commodity Futures Trading Commission (CFTC). The requirement that complex derivatives be traded whenever possible in open, competitive markets was a crucial element of Dodd-Frank derivatives market reforms.

Letters to Congress: Eleven organizations, including AFR, sent a joint letter to Congress urging opposition to H.R. 2570, the so-called Mortgage Fairness Act.
July 24, 2018 – 2:57 pm

Americans for Financial Reform and ten other organizations sent a joint letter to members of the House Committee on Financial Services urging them to reject H.R. 2570, the Mortgage Fairness Act of 2017.

AFR Conference: Regulating Wall Street – Ten Years Later
July 23, 2018 – 12:56 pm

Ten Years after the 2008 Financial Crisis, Where Do We Stand? A conference with Sens. Sherrod Brown and Elizabeth Warren and regulators who helped respond.

AFR Statement: Kavanaugh and Anniversary of Wall Street Reform
July 20, 2018 – 11:18 am

Brett Kavanaugh’s ruling, later overturned by the full DC circuit, that an independant CFPB is unconstitutional, is but one powerful indicator of the danger he would pose as a Supreme Court justice. Stripping financial regulators like CFPB of their independence means weaker consumer protections.

Letters to Congress: AFR Urges House Members to Oppose S. 2155 in Order to Preserve Financial Protections.
May 18, 2018 – 3:16 pm

AFR sent a letter to members of the House of Representatives urging them to vote in opposition to the Bank Lobbyist Act.

AFR in the News: During tenure working for banks, Tim Pawlenty thrilled Wall Street, angered consumer advocates (Minneapolis Star-Tribune)
April 15, 2018 – 10:15 am

“Across party and regional lines, most people think Wall Street has too much influence in Washington. And they think that because it does,” said Lisa Donner, executive director of Americans for Financial Reform, a consortium of labor unions, consumer groups, liberal think tanks and organizations like AARP.

S 2155: A Gift to Wall Street!
March 16, 2018 – 3:09 pm
S 2155: A Gift to Wall Street!

Bipartisan majorities in the House and the Senate chose to commemorate the 10th anniversary of the worst financial crisis since the Great Depression by handing the bank lobby a package of deregulatory gifts, increasing the risks to financial stability and the likelihood of consumer abuse, including racial discrimination in lending. This legislation, signed into law on May 24, won’t serve families or communities, nor is it policy that most people support. But Wall Street and its friends in Congress had a tougher time than they ever expected because Americans who know better refused to let the bill pass without a fight.