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Articles tagged with: resolution authority

AFR to Senator Dodd: Support Strong Reforms
February 3, 2010 – 12:12 pm

February 1, 2010
The Honorable Christopher Dodd
Chairman
Senate Committee on Banking, Housing and Urban Affairs
534 Dirksen Senate Office Building
Washington, D.C.  20510
Dear Senator Dodd:
We are writing today to convey our strong support for comprehensive regulatory reform, and to …

New York Times Editorial: Even Bigger Than Too Big to Fail
December 16, 2009 – 7:41 am
New York Times Editorial:  Even Bigger Than Too Big to Fail

This week, the New York Times editorilized about Citibank’s exit from the bailout program.  Although this seems to be good news on the surface, they note that in fact, our financial system is creating ever …

AFR Supports H.R. 4173
December 9, 2009 – 1:54 pm

AFR sent the following letter to Congress regarding H.R. 4173 on December 9, 2009.
Download the letter as a PDF.
Dear Representative:
The undersigned organizations strongly urge you to support H.R. 4173, the “Wall Street Reform and …

Preventing the Next Financial Crisis and Bailout: “Too Big to Fail” Policy
December 3, 2009 – 1:41 pm
Preventing the Next Financial Crisis and Bailout: “Too Big to Fail” Policy

When a financial institution fails, only insured depositors should be rescued by the government.  Bailouts for other parties, such as shareholders and bond holders, are an unacceptable use of the public treasury to rescue private …

Sherman Amendment Letter of Support
November 17, 2009 – 2:00 pm

House Financial Services Committee
2129 Rayburn House Office Building
Washington, D.C.  20515
November 17, 2009
Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee,
As members of Americans for Financial Reform, a coalition of nearly 200 consumer, employee, …

AFR: “Too Big to Fail” Legislation Needs to Be Improved to Ensure We Avoid Another Financial Meltdown
October 30, 2009 – 6:38 am

Powers must be given to a fully public body, and one that is able to benefit from the information and perspective of the routine regulators of the financial system (excerpt from Pres. Trumka’s testimony)

DATE: …