AFR sent a letter to members of Congress yesterday regarding a piece of legislation that would threaten the ability of the CFPB to sufficiently protect consumers. If enacted, this bill would virtually guarantee that the CFPB would be a weak and timid agency without the will or ability to curb the kind of financial abuses that caused the nation’s worst financial crisis since the Great Depression.

Read our letter opposing language in the FY2011 Appropriations Bill that would weaken the Consumer Financial Protection Bureau here.

DATE: December 17, 2009

Washington, DC – Just days after top banking executives met with President Obama and said they would close the gap between their support for financial regulatory reform and “the …

Americans for Financial Reform supported H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, which will provide much-needed financial regulations and calls for the creation of a Consumer Financial Protection Agency.  Read …

FOR IMMEDIATE RELEASE

DATE: December 11, 2009

House Advances Financial Reform, Consumer Financial Protection Agency
A Major Step for American Families

Washington, D.C. – Americans for Financial Reform released the following statement upon passage of …